This excerpt taken from the HPQ 8-K filed Nov 23, 2005.
Bonuses. Prior to the Predetermination Date for a Performance Period, the Committee shall designate or approve in writing, the following:
(a) Performance Period;
(b) Positions or names of employees who will be Participants for the Performance Period;
(c) Targeted goals for selected Performance Measures during the Performance Period; and
(d) Applicable Bonus Formula for each Participant, which may be for an individual Participant or a group of Participants.