Integration Bonus Plan for Former Gart Sports Company Employees (August 5, 2003)
This agreement, adopted by the Compensation Committee of the Board of Directors on August 5, 2003, establishes an Integration Bonus Plan for former employees of Gart Sports Company. Under the plan, eligible employees receive half of their annual bonus payout, calculated using the previous year's bonus formulas and assuming all target goals were fully met. The plan is designed to provide a transitional bonus as part of the integration process following a corporate change.
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Exhibit 10.24
Integration Bonus Plan
Integration Bonus Plan adopted August 5, 2003 by the Compensation Committee of the Board of Directors of Registrant providing for one-half of the annual bonus payout based on the previous year's bonus formulas and assuming that 100% of the target goals had been met. This bonus was paid to former Gart Sports Company employees.
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- Exhibit 10.24
