Common use of Performance Compensation Clause in Contracts

Performance Compensation. The maximum amount of your Performance Compensation will depend on the level at which the Performance Goals are satisfied. For fiscal year 2000 ("Performance Period"), this amount will not exceed the lesser of 2,000,000 or 2% of pre-tax, pre-incentive earnings. The Committee will evaluate performance under one or more of three specific performance elements: after tax net earnings, net margin, and return on equity relative to return of the comparator peer group. The Performance Compensation and Performance Goals under which the 1999/00 Performance Award will be made are set forth on the attached performance goals spreadsheet. If the Performance Goal or Goals are satisfied during the Performance Period, you will be entitled to receive the Performance Compensation provided by this paragraph, subject to the discretionary adjustment provisions of paragraph 2. If the Performance Goal evaluation is not satisfied at the minimum level, you will not be entitled to receive any performance-based compensation. Your Performance Compensation, if any, will be paid to you as soon as administratively feasible following the date the Committee certifies that the Performance Goals for the Performance Period have been satisfied.

Performance Compensation. The maximum amount of your Performance Compensation will depend on the level at which the Performance Goals are satisfied. For fiscal year 2000 2001 ("Performance Period"), this amount will not exceed the lesser of 2,000,000 $3,000,000 or 21.75% of pre-tax, pre-incentive earnings. The Committee will evaluate performance under one or more of three specific performance elements: after tax net earnings, net marginreturn on invested capital percentage, and return on equity relative to return of the comparator peer group. The Performance Compensation and Performance Goals under which the 1999/00 2000/01 Performance Award will be made are set forth on the attached performance goals spreadsheet. spreadsheet If the Performance Goal or Goals are satisfied during the Performance Period, you will be entitled to receive the Performance Compensation provided by this paragraph, subject to the discretionary adjustment provisions of paragraph 23. If the Performance Goal evaluation is not satisfied at the minimum level, you will not be entitled to receive any performance-based compensation. Your Performance Compensation, if any, will be paid to you as soon as administratively feasible following the date the Committee certifies that the Performance Goals for the Performance Period have been satisfied.

Performance Compensation. The maximum amount of your Performance Compensation will depend on the level at which the Performance Goals are satisfied. For fiscal year 2000 1999 ("Performance Period"), this amount will not exceed the lesser of 2,000,000 750,000 or 21% of pre-tax, pre-incentive earnings. The Committee will evaluate performance under one or more of three specific performance elements: after tax net earnings, net margin, and return on equity relative to return of the comparator peer group. The Performance Compensation and Performance Goals under which the 1999/00 1998/99 Performance Award will be made are set forth on the attached performance goals spreadsheet. in Exhibit A. If the Performance Goal or Goals are satisfied during the Performance Period, you will be entitled to receive the Performance Compensation provided by this paragraph, subject to the discretionary adjustment provisions of paragraph 2. If the Performance Goal evaluation is not satisfied at the minimum level, you will not be entitled to receive any performance-based compensation. Your Performance Compensation, if any, will be paid to you as soon as administratively feasible following the date the Committee certifies that the Performance Goals for the Performance Period have been satisfied.

Performance Compensation. The maximum amount of your Performance Compensation will depend on the level at which the Performance Goals are satisfied. For fiscal year 2000 ("Performance Period"), this amount will not exceed the lesser of 2,000,000 or 21.75% of pre-tax, pre-incentive earnings. The Committee will evaluate performance under one or more of three specific performance elements: after tax net earnings, net margin, and return on equity relative to return of the comparator peer group. The Performance Compensation and Performance Goals under which the 1999/00 Performance Award will be made are set forth on the attached performance goals spreadsheet. If the Performance Goal or Goals are satisfied during the Performance Period, you will be entitled to receive the Performance Compensation provided by this paragraph, subject to the discretionary adjustment provisions of paragraph 2. If the Performance Goal evaluation is not satisfied at the minimum level, you will not be entitled to receive any performance-based compensation. Your Performance Compensation, if any, will be paid to you as soon as administratively feasible following the date the Committee certifies that the Performance Goals for the Performance Period have been satisfied.

Performance Compensation. The maximum amount of your Performance Compensation will depend on the level at which the Performance Goals are satisfied. For fiscal year 2000 1999 ("Performance Period"), this amount will not exceed the lesser of 2,000,000 or 22 1/2 % of pre-tax, pre-incentive earnings. The Committee will evaluate performance under one or more of three specific performance elements: after tax net earnings, net margin, and return on equity relative to return of the comparator peer group. The Performance Compensation and Performance Goals under which the 1999/00 1998/99 Performance Award will be made are set forth on the attached performance goals spreadsheet. in Exhibit A. If the Performance Goal or Goals are satisfied during the Performance Period, you will be entitled to receive the Performance Compensation provided by this paragraph, subject to the discretionary adjustment provisions of paragraph 2. If the Performance Goal evaluation is not satisfied at the minimum level, you will not be entitled to receive any performance-based compensation. Your Performance Compensation, if any, will be paid to you as soon as administratively feasible following the date the Committee certifies that the Performance Goals for the Performance Period have been satisfied.