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FL » Topics » Individual Target Award

These excerpts taken from the FL 10-K filed Mar 30, 2009.
"Individual Target Award" shall mean the targeted performance award for a Plan Year specified by the Committee as provided in Section 5 herein.

          (i)

"Individual Target Award" shall mean
the targeted performance award for a Plan Year specified by the Committee as
provided in Section 5 herein.


          (i)

"Individual Target Award" shall mean
the targeted performance award for a Plan Year specified by the Committee as
provided in Section 5 herein.


          (i)

This excerpt taken from the FL 8-K filed Apr 1, 2008.
Individual Target Award” shall mean the targeted performance award for a Plan Year specified by the Committee as provided in Section 6 herein.

           (g)       “

This excerpt taken from the FL 8-K filed Aug 17, 2007.

4. Individual Target Award.

     For each Participant for each Plan Year, the Committee may specify a targeted incentive award. The Individual Target Award consists of a percentage of Salary and Bonus. Such percentage shall be based on Company performance against target. Achievement of target shall result in an eight percent (8%) credit to the Participant's Account. Such percentage shall decrease in direct proportion to the percentage of Company performance below target, but not below four percent (4%), and increase in direct proportion to Company performance above target, but not above twelve percent (12%). Establishment of an Individual Target Award for an Employee for a Plan Year shall not imply or require that the same level Individual Target Award (if any such award is established by Committee for the relevant Employee) be set for any subsequent Plan Year.

EXCERPTS ON THIS PAGE:

10-K (3 sections)
Mar 30, 2009
8-K
Apr 1, 2008
8-K
Aug 17, 2007

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