Exhibit 99.3
Dominion Homes, Inc.
2006 Incentive Compensation Program
William G. Cornely, Executive Vice President of Finance and CFO
EBITDA (50% of Total)
Goal | Award | ||
Budget | No payout | ||
Budget + $4,220,000 | $ | 31,250 | |
Budget + $8,220,000 | $ | 62,500 | |
Volume – Units Closed (20% of Total)
Goal | Award | ||
Budget | No payout | ||
122% of Budget | $ | 12,500 | |
150% of Budget | $ | 25,000 | |
Corporate Debt Reduction (20% of Total)
Goal | Award | ||
Budget | No payout | ||
$13.2 million reduction from Budget | $ | 12,500 | |
$28.2 million reduction from Budget | $ | 25,000 | |
Customer Satisfaction (10% of Total)
Goal | Award | ||
95% | No payout | ||
96% | $ | 6,250 | |
97% | $ | 12,500 | |