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Filing tables
Filing exhibits
- 10-K Annual report
- 10.16 Amendment to the 2002 Stock Option Plan
- 10.17 Amendment to the 2009 Stock Incentive Plan
- 10.18 2011 Annual Bonus Plan
- 10.19 Summary Description of the 2012 Incentive Plan for Certain Key Employees
- 21.0 Subsidiaties
- 23.0 Consent of Independent Registered Public Accounting Firm
- 31.1 Section 302 Certification of the CEO
- 31.2 Section 302 Certification of the CFO
- 32.1 Section 906 Certification of the CEO
- 32.2 Section 906 Certification of the CFO
Related press release
MLI similar filings
Filing view
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Exhibit 10.19
2012 INCENTIVE PLAN FOR CERTAIN KEY EMPLOYEES
The Company has a discretionary annual incentive program under which exempt salaried employees may earn cash payments based on a percentage of base annual salary. The actual percent is based on a variety of guidelines including performance levels of the respective business units primarily measured by operating income subject to certain adjustments.
The payment to an employee is based upon (i) their assigned grade level, (ii) actual company earnings achieved relative to a pre-determined target, which is adjusted upward if company performance exceeds target and reduced if company performance is less than target, and (iii) base salary paid during the fiscal year.