This excerpt taken from the DTV 10-K filed Mar 1, 2005.
Your 2003 AIP award will be based on the performance of HUGHES, your operating company (as applicable) and your own personal performance towards meeting your 2003 goals.
As you can see from the chart below, we have once again raised the bar of our business plan performance targets. In some cases, such as Revenue, there is little room for falling below target and still achieving an AIP payout. In others, such as Net Income and Cash, a lot more stretch is required to achieve maximum payout.
Note: Operating company metrics align with these HUGHES level metrics and are tailored to reflect the strategy of each business. In order for the operating companies to receive funding, the HUGHES minimum funding must be achieved, as well as their own plan thresholds.
P.O. Box 956 200 N Sepulveda Blvd El Segundo, CA 90245 - 0956
phone 310.662.9977 fax 310.322.1534
April 29, 2003