2009 Annual Incentive Plan Performance Criteria Approved by Compensation Committee
This document outlines the performance criteria for 2009 under the company's Annual Incentive Plan, as approved by the Compensation Committee on March 9, 2009. The plan sets financial goals such as increases in sales, earnings before interest and taxes, return on investment, and working capital. It also includes non-financial objectives related to customer satisfaction, workforce development, and innovation in research, supply chain, and production planning. These criteria determine eligibility for incentive compensation for employees during 2009.
Exhibit 10.1
Performance Criteria for 2009 under the Company's Annual Incentive Plan
For 2009, the corporate and derivative business unit, regional and/or category financial objectives under the Company's Annual Incentive Plan, which the Compensation Committee of the Company's Board of Directors approved on March 9, 2009, relate to increases in sales, earnings before interest and taxes, return on investment and working capital. The non-financial strategic initiatives, which the Compensation Committee also approved on March 9, 2009, relate to (i) customers, including sales, market share, service performance and product quality, (ii) workforce, including managing talent and development, and (iii) innovation, including research technology, supply chain and production planning innovation.
