This excerpt taken from the IPG DEF 14A filed Apr 25, 2007.
162(m) Performance-Qualified Incentive Amounts for Executive Officers
On March 28, 2007, the Committee established the performance objectives that will be used to determine 2007 management incentive compensation awards (MICP Awards) payable in 2007 to the named executive officers of Interpublic under the 2006 PIP.
Pursuant to the 2006 PIP, the Committee is authorized to grant MICP Awards based on the achievement of performance objectives relating to one or more of the Performance Criteria (as defined in the 2006 PIP). The Committee has determined that the applicable Performance Criteria for 2006 will be operating income before impairments, litigation settlements and other non-operating items for the 2007 fiscal year. Depending on actual performance in 2007, an executive officers 2007 MICP Award could range from zero to 200% of his or her target bonus. The Committee will determine the form and timing of MICP Awards based on the Committees judgment regarding Interpublics and the executive officers performance in 2007 against the performance objectives. As contemplated by the 2006 PIP, in no event will any executive officers MICP Award exceed $5,000,000.