EX-10.6 6 dex106.htm DESCRIPTION OF BONUS FOR VICE-PRESIDENT - PRODUCT PROCUREMENT & MARKETING Description of Bonus for Vice-President - Product Procurement & Marketing

Exhibit 10.6

 

Bonus Arrangement for Vice-President – Product Procurement, Marketing, and Logistics

 

Fastenal Company’s Vice-President – Product Procurement, Marketing, and Logistics is paid a bonus under an individual bonus arrangement. Under this arrangement, the bonus for any quarter is calculated based on the amount by which the Company’s consolidated pre-tax income for such quarter exceeds the Company’s consolidated pre-tax income for the same quarter in the prior year.