SUMMARY OF ANNUAL EXECUTIVE INCENTIVE AWARD PROGRAM
's annual executive incentive award program provides for
performance-based bonuses for executives as well as management-level associates
and is based on Ingram Micro
's performance relative to financial goals.
Each executive role has an incentive target that is established as a
percent of base salary. For executive officers, this percentage ranges from 45%
up to 100%. If a threshold level of profit performance is not met, the incentive
award would be zero. The maximum award for executive officers is two times the
The Human Resources Committee of the Board of Directors has the ability to
make discretionary adjustments to awards under the annual incentive plan, but
expects to exercise this discretion only under exceptional circumstances.