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XIDE » Topics » Performance Awards

This excerpt taken from the XIDE DEF 14A filed Jul 27, 2006.
Performance Awards
 
The 2004 Plan provides the Committee with the discretion to grant performance awards to participants in the 2004 Plan. Performance awards provide executives with the opportunity to receive payments for meeting certain objective goals established by the Committee during a specified performance period. For fiscal 2006, the Board of Directors established targets based on Consolidated EBITDA and Return on Net Assets payable upon achievement of targets as of March 31, 2008.
 

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