Exhibit 10.2.2 TRC COMPANIES, INC. TRC KEY PERSON GROUP BONUS PLAN FISCAL YEARS 1999-2003 (as adopted by the Company's Board of Directors on March 22, 1999) Term Five (5) years from FY1999 through FY2003 Participants Members of Categories 1, 2 and 3 of the Key Person Group Earnings Per Share After Taxes if Bonuses % of Earnings Before Were Not Allocated Taxes and Bonuses Bonus Pool Under This Plan Allocated to Bonuses --------------- -------------------- $ 0.00 0% 0.20 2% 0.40 4% 0.60 6% 0.80 8% 1.00 10% 1.20 12% 1.40 14% 1.60 16% 1.80 18% 2.00 20% Earnings Per Share After Taxes if Bonuses Bonus Pool Split Were Not Allocated Between Categories Under This Plan Category 1 Category 2 Category 3 --------------- ---------- ---------- ---------- $ 0.00 0% 50% 50% 0.20 0% 53% 47% 0.40 10% 47% 43% 0.60 16% 44% 40% 0.80 22% 42% 36% 1.00 28% 39% 33% 1.20 35% 36% 29% 1.40 41% 33% 26% 1.60 47% 31% 22% 1.80 53% 28% 19% 2.00 60% 25% 15% 15 Bonus Pool Split Within Categories The Bonus Pool allocated to the three Categories shall be split between the members of the Category based upon their individual performance as determined by the Chief Executive Officer and approved by the Compensation Committee. Limitation There will be no Bonus Pool for any Fiscal Year unless the earnings per share (before bonuses under this Plan) are at least: 110% of the earnings per share (before bonuses) for the prior Fiscal Year; or 130% of the earnings per share (before bonuses) for the second preceding year; whichever is less. If the payment of the Bonus Pool in any Fiscal year would reduce earnings per share to less than the 110% or 130% of the prior or second preceding Fiscal Year (the controlling year), the Bonus Pool shall be reduced in the amount necessary to result in earnings per share of 110% or 130% for the controlling year. Note All references to earnings per share for purposes of computing the annual bonus amount shall mean earnings per share on a diluted basis. 16