EE » Topics » 2005 Performance Goals

This excerpt taken from the EE 8-K filed Feb 16, 2005.

2005 Performance Goals

 

The table below outlines the actual performance measures defined for the 2005 plan year. The EPS threshold acts as a plan trigger; no plan payouts will be made unless EPE achieves at least $             EPS. Safety will only be measured in the Plan for executives, managers, and low risk employees. Medium and high-risk employees are rewarded for safety on the Company’s quarterly safety plan. The Compensation Committee may interpolate between defined levels for financial performance only.

 

Measure


  

Definition


   Performance Level

      Threshold

   Target

   Maximum

Financial

   EPS               

Operational

(Customer Satisfaction)

  

Customer Satisfaction

Survey Results

              

Operational

(Safety)

  

•      Lost Time incidents

 

•      Total First Aid and Medical incidents

 

•      Chargeable Vehicle Accidents

              

 


 

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