EX-10.4 LONG TERM INCENTIVE PLAN

Contract Categories: Human Resources › Bonus & Incentive Agreements
EX-10.4 3 b65204weexv10w4.txt EX-10.4 LONG TERM INCENTIVE PLAN EXHIBIT 10.4 [NOTE: CONFIDENTIAL MATERIALS OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ASTERISKS DENOTE OMISSIONS.] 2007 LONG TERM INCENTIVE PROGRAM AWARD DATE: March 30, 2007 UNIT ALLOCATION RATIO:
RATIO OF RSUS/PSUS JOB CATEGORY BY JOB LEVEL ------------ ------------------ CEO PSU only SVP 50/50 VP 50/50 Sr Mgr 70/30 Manager/IC (1) 70/30 New Hire Pool RSU only
(1) IC represents Individual Contributors who may be identified by SVP to receive grant RSUs = Restricted Stock Units PSUs = Performance Stock Units VESTING SCHEDULE: The award vests at a rate of 25% each year over 4 years. PERFORMANCE-BASED RESTRICTED STOCK UNIT CALCULATIONS: The number of PSUs received under this Long Term Incentive Program is based on the following: 2007 PSU METRIC
METRIC THRESHOLD TARGET MAXIMUM ------ --------- ------ ------- Adjusted Net Income* $[**] $[**] $[**]
* as defined in the Amended and Restated Short-Term Incentive Program 2007 PAYOUT LEVELS
2007 ADJUSTED SHARES GRANTED AS A PERCENT NET INCOME RESULT OF PSU TARGET AWARD - ----------------- --------------------------- Threshold 50% Target 100% Maximum 200%
* shares granted are ratable between the three payout levels