EX-99 3 exhibit992.txt EXHIBIT 99.2 EXHIBIT 99.2 FISCAL YEAR 2006 EXECUTIVE OFFICER CASH MERIT BONUS PLAN _________________________________________________________ The bonus plan (the "Plan") has been structured with two key components: 1. profit before tax ("PBT") actual results as compared to the budgeted PBT for the fiscal year; and 2. individual goals for the fiscal year. Percent of Maximum Bonus as a Percent of Base Salary for Achieving Budgeted __________________________________________________________ PBT Achieved PBT Goal Individual Goals Total ______________ __________________ __________________ __________________ 115% or more 96% 54% 150% ______________ __________________ __________________ __________________ Between Sliding percentage Sliding percentage 100%-115% 48%-96% 12%-54% 0.003125% of PBT 0.003571% of PBT = 0.01% = 0.01% ______________ __________________ __________________ __________________ 100% 48% 12% 60% ______________ __________________ __________________ __________________ Between Sliding percentage Sliding percentage 95%-100% 24%-48% 6%-12% 0.002083% of PBT 0.008333% of PBT = 0.01% = 0.01% ______________ __________________ __________________ __________________ 95% 24% 6% 30% ______________ __________________ __________________ __________________ Less than 95% 0% 0% 0% ______________ __________________ __________________ __________________ * The sliding percentages will be calculated to the nearest 1/100 of a percentage point, i.e., 0.01%. * These a maximum goals which means that even if the goals comprising the components are achieved at least to some degree that would technically merit a bonus, the Committee, in its discretion, may downwardly adjust the potential bonus award to a lesser percentage including 0% to take into consideration unusual events.