2010 Participants and Objectives under the Executive Management Incentive Plan

Summary

This document lists the executives participating in the 2009 Executive Management Incentive Plan as of January 1, 2010, including their names and titles. It also outlines the company's business objective for 2010, which is to achieve positive EBITDA before special items, and states that the intermediate performance objectives align with those of the 2010 Management Incentive Plan. The plan and its objectives were approved by the committee, and the document serves as an official record of participants and performance goals for the year.

EX-10.4 5 dex104.htm 2010 EXHIBITS TO THE 2009 EXECUTIVE MANAGEMENT INCENTIVE PLAN 2010 Exhibits to the 2009 Executive Management Incentive Plan

Exhibit 10.4

EXHIBIT A

PARTICIPANTS AS OF JANUARY 1, 2010

UNDER THE EXECUTIVE MANAGEMENT INCENTIVE PLAN

 

Name

  

2010 Title

John V. Faraci    Chairman and Chief Executive Officer
Tim S. Nicholls    SVP – Chief Financial Officer
Carol L. Roberts    SVP – Industrial Packaging
Maura A. Smith    SVP – General Counsel & Global Gov’t Relations
Thomas G. Kadien    SVP – Consumer Packaging & IP Asia
Mary A. Laschinger    SVP – President xpedx
Mark S. Sutton    SVP – Printing & Communications Papers the Americas
Tommy S. Joseph    SVP – Manufacturing, Technology, EHS&S and Global Sourcing
Paul J. Karre    SVP – Human Resources & Communications
Maximo Pacheco    SVP – President IP Europe, M. East, Africa and Russia
C. Cato Ealy    SVP – Corporate Development
John N. Balboni    SVP – Chief Information Officer

 

A-1


Schedule 1

EXECUTIVE MANAGEMENT INCENTIVE PLAN

2010 COMPANY BUSINESS OBJECTIVE AND INTERMEDIATE PERFORMANCE OBJECTIVES

 

Plan Element

  

162(m) Limit Approved by Committee

Company Business Objective:   

•Positive EBITDA Before Special Items

Intermediate Performance Objectives:   

•Same as 2010 Management Incentive Plan objectives

 

S-1