This excerpt taken from the HPQ 10-Q filed Jun 8, 2005.
This statement confirms your participation in the H2'05 Pay-for-Results (PfR) program* based on your current eligibility status. It also indicates the amount of your target PfR bonus opportunity and briefly describes the metrics used to determine PfR program funding. The H2'05 PfR program has not changed from H1'05.
*Applies to employees eligible to participate in the Hewlett-Packard Company Executive Pay-for-Results Plan and the Hewlett-Packard Company Pay-for-Results Short-Term Bonus Plan.