Incentive Plan

ESMARK INCORPORATED 2008 MANAGEMENT INCENTIVE PLAN - MIP NAME TITLE MIP INCENTIVE PAYOUT AS a % OF SALARY Threshold Bonus %

by Esmark Inc
June 10th, 2008

Exhibit 10.14(b)

LOGO

ESMARK INCORPORATED

2008 MANAGEMENT INCENTIVE PLAN - MIP

NAME

TITLE

MIP INCENTIVE PAYOUT AS A % OF SALARY

 

Threshold Bonus %

(80% of Goals)

 

Target Bonus %

(100% of Goals)

 

Maximum Bonus %

(120% of Goals)

20%

  40%   80%

Company Performance Objective

MIP Trigger: Net Income Positive

and

Esmark Incorporated Performance Objective: EBITDA of $129 Million

Shareholder Performance Objective

Meet or Exceed an Increase in Shareholder Value of 15% (Starting point as of 12/31/07)


NAME

TITLE

Individual Performance Objectives

 

1.
2.
3.
5.
6.

Board of Director Approval: April 29, 2008

 

2