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- 10-Q Quarterly report
- 10.1 Exhibit 10.1 - Description of Management Profit Sharing Program
- 10.2 Exhibit 10.2 - Modification No. 4 Regarding Amended and Restated Loan Agreement
- 31.1 Exhibit 31.1 - Certification of CEO
- 31.2 Exhibit 31.2 - Certification of CFO
- 32.1 Exhibit 32.1 - Certification of CEO and CFO
EXHIBIT 10.1
MANAGEMENT PROFIT SHARING PROGRAM
It is Moog's practice to award annual cash bonuses to management, including executive officers, based on Moog's year over year percentage improvement in diluted earnings per share ("EPS"). The bonus amount payable to any participant is determined by multiplying the participant's base salary by the product of the percentage improvement in Moog's EPS and a multiplier of up to 1.33 based on a participant's responsibilities, with executive officers generally having the higher multiplier. Notwithstanding an improvement in EPS, the determination to make an award under the program and, if made, its allocation, are discretionary. Further, any payments to executive officers under the program are subject to approval by the Executive Compensation Committee of the Board of Directors.