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New words:
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Removed:
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Filing tables
Filing exhibits
- 10-K Annual report
- 10 EX-10.(F)(23) Xsip Rsu Cash-settled - 3-YEAR
- 10 EX-10.(F)(24) Xsip Rsu Cash-settled - 2-YEAR
- 10 EX-10.(F)(25) Xsip Psu Cash-settled
- 10 EX-10.(F)(26) Eltip Rsu 3-YEAR
- 10 EX-10.(F)(27) Eltip Rsu - 2-YEAR
- 10 EX-10.(F)(28) Xsip Rsu Stock-settled - 3-YEAR
- 10 EX-10.(F)(29) Xsip Rsu Stock-settled - 2-YEAR
- 10 EX-10.(F)(30) Eltip Psu
- 10 EX-10.(F)(31) Xsip Psu Stock Settled
- 10 EX-10.(F)(32) Mip 2023
- 10 EX-10.(F)(33) Mip 2022 - Results
- 10 EX-10.(F)(34) Eltip 2023
- 21 EX-21 Subsidiaries of Registrant
- 23 EX-23.(A) XHC Consent of Independent Registered Public Accounting Firm
- 23 EX-23.(B) XC Consent of Independent Registered Public Accounting Firm
- 31 EX-31.(A)(1) Xerox Holdings Corporation CEO Certification
- 31 EX-31.(A)(2) Xerox Corporation CEO Certification
- 31 EX-31.(B)(1) Xerox Holdings Corporation CFO Certification
- 31 EX-31.(B)(2) Xerox Corporation CFO Certification
- 32 EX-32.(A) Xerox Holdings Corporation Sox Certification
- 32 EX-32.(B) Xerox Corporation Sox Certification
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Exhibit 10(f)(33)
Management Incentive Plan for 2022 (2022 MIP)
Under the 2022 MIP, executive officers of the Company are eligible to receive performance related annual cash payments. Payments are, in general, only made if performance objectives established by the Compensation Committee of the Board of Directors (the “Committee”) are met.
The Committee previously approved incentive opportunities for 2022, expressed as a percentage of base salary for each participating officer. The Committee also established overall threshold, target and maximum performance metrics and payout ranges for the 2022 MIP. Financial performance measures and weightings were: Free Cash Flow (weighted at 40%), Absolute Revenue (unadjusted for currency) (weighted at 20%), Adjusted Operating Margin (weighted at 20%), and an Environmental, Social and Governance measure (weighted at 20%). The Committee maintains the authority to increase or decrease an award based on individual performance.
The performance against the 2022 MIP goals was as follows: Free Cash Flow was below threshold, Absolute Revenue (unadjusted for currency) was between target and maximum, Adjusted Operating Margin was between threshold and target, and ESG was above target.