MTD » Topics » Range of Bonus Possible (in $)

This excerpt taken from the MTD DEF 14A filed Mar 14, 2008.
Range of Bonus Possible (in $)
 
                         
    90% Target
    100% Target
    130% (Max.)
 
Position
  Achievement     Achievement     Achievement  
 
Robert F. Spoerry
    0     $ 494,058     $ 1,692,147  
William P. Donnelly
    0       157,410       564,043  
Olivier A. Filliol
    0       170,469       610,846  
Beat Luethi
    0       164,849       590,709  
Urs Widmer
    0       123,637       443,031  
 
The impact of over- or under-achieving targets on the annual bonus can be significant. The company and Board of Directors therefore approach the target setting process with care and consideration. We believe targets are set consistently with the philosophy of the POBS Plan that they be challenging and ambitious. Over the last several years, the average target achievement for executive officers has ranged from 95% to approximately 125%, resulting in bonuses of between approximately 30% to 155% of base salary.
 
This excerpt taken from the MTD DEF 14A filed Mar 15, 2007.
Range of Bonus Possible (in $)
 
                         
    90% Target
    100% Target
    130% (Max.)
 
Position
  Achievement     Achievement     Achievement  
 
Robert F. Spoerry
    0     $ 459,140     $ 1,572,553  
William P. Donnelly
    0       148,500       532,125  
Olivier A. Filliol
    0       159,874       572,882  
Beat Luethi
    0       154,538       553,760  
Urs Widmer
    0       116,495       417,441  
 
The impact of over- or under-achieving targets on the annual bonus can be significant. The company and Board of Directors therefore approach the target setting process with care and consideration. We believe targets are set consistently with the philosophy of the POBS Plan that they be challenging and ambitious. Over the last several years, the average target achievement for executive officers has ranged from slightly below 100% to approximately 125%, resulting in bonuses of between approximately 30% to 155% of base salary.


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COMPENSATION DISCUSSION AND ANALYSIS

 
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