Shore Bancshares, Inc. 2007 Management Incentive Plan – Schedule A: Award Percentages and Performance Measure Weightings
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Summary
This document outlines the incentive award targets and performance measure weightings for key executives and officers of Shore Bancshares, Inc. as of August 9, 2007. It specifies the percentage of incentive awards based on company net income and division or individual performance for each position, including the President & CEO, COO, CFO, and various division presidents and senior officers. The plan sets clear targets and performance criteria for awarding management incentives.
EX-10.2 3 v084458_ex10-2.htm
Exhibit 10.2
Shore Bancshares, Inc.
2007 Management Incentive Plan
Schedule A: Award Percentages and Performance MeasureWeightings
As of August 9, 2007
| Position/Title | Incentive Award Target | | Company Net Income Weight (1) | + | Division/ Individual Performance Weight (2) |
| President & CEO, Shore Bancshares | 75% | 80% | + | 20% | |
| COO, Shore Bancshares | 40% | 80% | + | 20% | |
| CFO, Shore Bancshares | 40% | 40% | + | 60% | |
| President, Talbot Bank | 50% | 30% | + | 70% | |
| President, CNB | 30% | 30% | + | 70% | |
| President, Felton Bank | 20% | 30% | + | 70% | |
| Senior Lender, Talbot | 35% | 20% | + | 80% | |
| Senior Lender, CNB | 20% | 20% | + | 80% | |
| Secretary, Shore Bancshares | 20% | 20% | + | 80% | |
| CEO, Insurance Division | 5% | 20% | + | 80% |
