EXHIBIT 10.16 NATIONAL COMPUTER SYSTEMS MANAGEMENT INCENTIVE PLAN 1998 It is NCS' intent to compensate its senior management employees in a manner which permits the Corporation to attract, retain, and motivate outstanding people. The NCS Management Incentive Plan (MIP) is designed to reward key senior managers for achieving specific annual NCS financial goals and for individual performance in accomplishing these goals. It aligns the interests of NCS senior management with NCS business and financial plans. PLAN ELIGIBILITY Participation in the plan is determined by position. Eligible positions and target incentive amounts are determined each year and may change from year to year. Participants must be full-time NCS employees. Eligibility is limited and includes those positions which significantly impact financial results. The eligible positions and participants will be reviewed and approved annually by the CEO. Positions and participants in the plan will be selected from the following: - CEO - Corporate staff officers - NCS Business presidents, senior vice presidents and, on a selected basis, their management reports - Selected other vice presidents - Selected key employees Any position or participant exceptions, exclusions, and inclusions to the above must be documented and approved by the CEO. TARGET INCENTIVE OPPORTUNITY Each approved position will be eligible for a specific target incentive award. This target incentive opportunity will be a percentage of the May 31, 1998 annual base salary for the participant. The target incentive is tied directly to the participant's business unit financial performance and an overall evaluation of each individual's performance. Potential earned payouts range from 0% at threshold minimum, 100% at target performance, up to a pre-defined overachievement percentage for each participant at maximum. INCENTIVE COMPONENTS The potential target incentive opportunity will be based on achievement of financial goals and the overall evaluation of the participant's performance during the fiscal year. The overall evaluation will include performance against defined individual objectives and a subjective evaluation of performance relative to the following criteria: 1. What have you done to improve shareholder value? 2. How have you improved customer satisfaction and NCS' ability to serve the customer? 3. What have you done to improve the quality/predictability of your business? 4. What have you done to develop your organization? 5. How have you demonstrated personal leadership and corporate-wide perspectives/orientation? No incentive award payouts will be made to participants for achievement of the financial performance if the individual's operating unit (NCS Business or Division or Market Unit) does not meet its minimum profit contribution objective(s). For example, a division participant can receive an incentive award payout only if the division achieves its minimum profit contribution threshold. DETERMINATION OF AWARDS Generally speaking, actual financial results will not include extraordinary gains or losses. In any such matters, including acquisitions, the CEO will make the appropriate approval decisions. PAYOUTS AND PRO-RATA AMOUNTS Earned award payouts will be made no later than April 15 following the end of the fiscal plan year. Any participant must be a full-time employee and be actively employed by NCS on the last day of the fiscal year to be eligible to receive a payout. In coming into or out of an MIP eligible position, participants will be given pro-rata earned award payouts based on the length of time in such position, however, participants must be in the plan at least six full months during the fiscal year to be eligible to receive any pro-rata award. Pro-rata payouts will be subject to review and approval by the CEO. DISABILITY, DEATH, OR SPECIAL CIRCUMSTANCES In the case of disability, death, or other special circumstances impacting a plan participant, the CEO may approve pro-rata award payouts. PLAN EXCEPTIONS AND ADMINISTRATION Exceptions and/or modifications to the plan must be approved by the CEO. All decisions made are final. DISCLAIMER Participation in this plan is not to be considered as an employment contract or agreement by the participant.