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Content analysis
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7th grade Avg
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New words:
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Removed:
Acreage, approximate, backlog, border, Canada, caption, classification, Cohasset, constant, Crown, Density, developed, deviated, disallowed, disallowing, escalate, escalating, escalation, existed, favorable, finite, hereto, initial, investigation, length, Mt, offsetting, Ormond, Park, pipe, preferred, presenting, presidential, recording, remeasurement, repeal, retrospective, settlement, shortened, smaller, Stewardship, Swamp, Tenaska, Tonka, traffic, tube, vested, warehouse
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Exhibit 10(e)8
ALLETE Executive Annual Incentive Plan
Form of Award
Effective 2021
[Eligible Executive Employees]
Target Award Opportunity
Base Salary | $ | ||||
Times | |||||
Award Opportunity (percent of base salary) | % | ||||
Equals | |||||
Target Award | $ |
Performance Levels and Award Amounts
Goal Performance Level | Payout as Percent of Target Award | Award Amount | ||||||
Superior | 200% | $ | ||||||
Target | 100% | $ | ||||||
Threshold | 44% | $ | ||||||
Below Threshold | 0% | $ |
Goals
Goal | ||||||||||||||||||||||||||
Weighting | ||||||||||||||||||||||||||
Financial Goals | ||||||||||||||||||||||||||
Net Income | 50% | |||||||||||||||||||||||||
Cash from Operating Activities | 20% | |||||||||||||||||||||||||
Strategic & Operational & Values Goals | 30% | |||||||||||||||||||||||||
100% |
Compensation Subject to Compensation Recovery Policy
Annual Incentive Plan Compensation is subject to recoupment as defined in the Compensation Recovery policy.