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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
7th grade Avg
|
New words:
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Removed:
analyzing, baseload, Chairman, convenience, depletion, exercised, FASB, fleet, forest, MDU, mechanism, MMTP, modification, necessity, participated, pond, prepaid, procedural, rationale, reclassification, remedial, repairing, securitization, Separation, Serrano, setting, stable, Syndication, Taxpayer, TCJA, Thunder, trade, unknown
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Exhibit 10(e)9
ALLETE Executive Annual Incentive Plan
Form of Award
Effective 2022
[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.