Exhibit 10.2
Performance Goals / Allocation Level Worksheet
Allocation Level (based on achieving specified performance goals as indicated)
| | | | | | | | | | | | | | | |
| | | Points from | | Annual Focus | | Weighted | | |
| Performance Objective | | Below | | Weighting | | Point Total | | |
| | | | | |
| Return on Assets (ROA): | | | 3 | | | | 20.00 | % | | | 0.60 | | | |
| Return on Equity (ROE): | | | 3 | | | | 30.00 | % | | | 0.90 | | | |
| Asset Growth Rate: | | | 3 | | | | 20.00 | % | | | 0.60 | | | |
| Increase in Earnings per Share: | | | 3 | | | | 30.00 | % | | | 0.90 | | | |
| | | | | |
| TOTAL: | | | 12 | | | | 100.00 | % | | | 3.00 | | | ï TOTAL WEIGHTED PERFORMANCE POINTS |
| | | | | | | | | |
| Return on Assets(ROA) | | | | |
| Target Goal | | Target Range | | Points | | | | |
| 0.00% | | < 1.04% | | 0 | | | | |
| 1.04% | | 1.04%-1.13% | | 1 | | | | |
| 1.14% | | 1.14%-1.23% | | 2 | | | | |
| 1.24% | | 1.24%-1.33% | | 3 | | x | | |
| 1.34% | | 1.34%-1.43% | | 4 | | | | |
| 1.44% | | 1.44%+ | | 5 | | | | |
| | | | | | | | | |
| Return on Equity(ROE) | | | | |
| Target Goal | | Target Range | | Points | | | | |
| 0.00% | | < 7.50% | | 0 | | | | |
| 7.50% | | 7.50%-8.24% | | 1 | | | | |
| 8.25% | | 8.25%-9.24% | | 2 | | | | |
| 9.25% | | 9.25%-9.84% | | 3 | | x | | |
| 9.85% | | 9.85%-10.99% | | 4 | | | | |
| 11.00% | | 11.00%+ | | 5 | | | | |
| | | | | | | |
| Asset Growth Rate | | |
| Target Goal | | Target Range | | Points | | |
| 0.00% | | < 4.50% | | 0 | | |
| 4.50% | | 4.50%-5.49% | | 1 | | |
| 5.50% | | 5.50%-6.49% | | 2 | | |
| 6.50% | | 6.50%-8.49% | | 3 | | x |
| 8.50% | | 8.50%-10.49% | | 4 | | |
| 10.50% | | 10.50%+ | | 5 | | |
| | | | | | | | | |
| Increase in Earnings per Share | | | | |
| Target Goal | | Target Range | | Points | | | | |
| 0.00% | | < 1.00% | | 0 | | | | |
| 1.00% | | 1.00%-1.99% | | 1 | | | | |
| 2.00% | | 2.00%-3.99% | | 2 | | | | |
| 4.00% | | 4.00%-4.99% | | 3 | | x | | |
| 5.00% | | 5.00%-6.49% | | 4 | | | | |
| 6.50% | | 6.50%+ | | 5 | | | | |
An “x” indicates projected performance level.
| | | | | |
| | | | | Securities offered through Clark Securities, Inc., DBA CCFS, Inc. in Texas. |
| Copyright © 2004 Clark Consulting | | Member NASD & SIPC. Los Angeles, California 90071-2086. Ph: 213-438-6300. |
Page 10
Benefit Allocation Grid
Allocation Levels (based on achieving specified performance goals)
| | | | |
| Performance Point Range | | | Plan Contribution, |
| (from Allocation Level Worksheet ) | | | as Percent of Compensation |
| | | | |
| 0.00-0.99 | | | 0.00% |
| 1.00-1.99 | | | 2.50% |
| 2.00-2.99 | | | 4.25% |
| 3.00-3.99 | | | 8.00% |
| 4.00-4.99 | | | 9.75% |
| 5.00+ | | | 11.50% |
| | | | |
| | | | | |
| | | | | Securities offered through Clark Securities, Inc., DBA CCFS, Inc. in Texas. |
| Copyright © 2004 Clark Consulting | | Member NASD & SIPC. Los Angeles, California 90071-2086. Ph: 213-438-6300. |
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