Exhibit 10.2
Confidential Materials omitted and filed separately with the
Securities and Exchange Commission. Asterisks denote omissions.
PERSONAL AND CONFIDENTIAL
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2004 MKS MANAGEMENT INCENTIVE PROGRAM
[FORM OF]
PRO FORMA PRE-TAX EARNINGS PER SHARE (EPS) TABLE
(JANUARY 1 - DECEMBER 31)
YOUR TARGET BONUS UNDER THE 2004 MKS MANAGEMENT INCENTIVE PLAN IS ___%(1) OF
YOUR BASE EARNINGS. THE PAYOUT OF YOUR BONUS WILL BE ACHIEVED ACCORDING TO THE
SCHEDULE SHOWN IN THE CHART BELOW. FOR EXAMPLE, YOU WILL RECEIVE 50% OF YOUR
TARGET BONUS IF OUR PRO FORMA PRE-TAX EPS REACHES $**, AND 100% OF YOUR TARGET
BONUS IF OUR PRO FORMA PRE-TAX EPS REACHES $**. AT A PRO FORMA PRE-TAX EPS OF
$** OR MORE, YOU WOULD RECEIVE 200% OF YOUR TARGET BONUS, WHICH WOULD RESULT IN
THE PAYMENT OF A BONUS EQUAL TO ___%(2) OF YOUR 2004 BASE MKS EARNINGS.
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Pro forma % of Target
Pre-Tax EPS Bonus Earned
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< =$** 0.0%
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$** 5.0%
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$** 10.0%
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$** 25.0%
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$** 35.0%
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$** 50.0%
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$** 60.0%
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$** 75.0%
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$** 85.0%
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$** 100.0%
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$** 125.0%
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$** 150.0%
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$** 175.0%
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>=$** 200%
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THIS INFORMATION IS EXTREMELY CONFIDENTIAL AND SHOULD BE [MKS
TREATED AS SUCH. YOU SHOULD NOT DIVULGE THIS INFORMATION LOGO]
INSIDE OR OUTSIDE OF MKS INSTRUMENTS, INC.
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(1) TARGET BONUS FOR JOHN BERTUCCI IS 75% OF BASE EARNINGS; FOR LEO
BERLINGHIERI IT IS 60% OF BASE EARNINGS; FOR JERRY COLLELLA AND JOHN SMITH
IT IS 50% OF BASE EARNINGS; FOR ROBERT KLIMM, RONALD WEIGNER, WILLIAM
STEWART IT IS 40% OF BASE EARNINGS.
(2) THIS NUMBER IS DOUBLE THE NUMBER SET FORTH IN THE PARAGRAPH ABOVE WITH
RESPECT TO EACH OF THE EXECUTIVE OFFICERS.