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10.1
– Exhibits A-B to 2004 Executive Annual Incentive
Plan
Juniata
Valley Financial Corp
Executive Annual Incentive Plan – Committee Approved
01/30/09
Exhibit A – Participation
(Participating
employees and their participant categories should be listed at the
beginning of each year and adjusted for changes in participation
throughout the year.)
Category
1 –
Francis Evanitsky – President and Chief Executive
Officer
Category
2 –
Marcie Barber – COO, SVP-Community Banking Division
Manager
JoAnn
McMinn – CFO, SVP-Chief Financial Officer
Category
3 –
Pamela Eberman – SVP-Human Resource Manager
Steven
Kramm – SVP-Operations/Technology Division Manager
Donald
Shawley – SVP-Trust and Investment Management Division
Manager
Wesley
Weymers – SVP-Loan Division Manager
Juniata
Valley Financial Corp
Executive Annual Incentive Plan
Exhibit B – Bank Performance Factors and
Award S
chedule
Category 1
– CEO Position
Goals
Performance Measures
(Basic) Earnings Per Share (75%)
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Threshold
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Target
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Optimum
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$
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1.27
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$
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1.34
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$
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1.47
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Return on
Average Equity (25%)
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Threshold
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Target
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Optimum
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10.93
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%
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11.51
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%
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12.66
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%
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Threshold
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Target
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Optimum
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12
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%
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20
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%
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30
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%
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Category 1 – CEO
( Actual 2008 total base pay — $197,342)
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Threshold
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Target
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Optimum
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$
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23,681
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$
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39,468
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$
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59,203
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1.
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Corporation measures will be 75%
EPS and 25% ROAE .
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2.
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After the award is calculated
according to the above schedule, the Board has the authority to
adjust the award plus or minus 10% based on the participant’s
individual performance for the year.
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3.
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Both Financial Measures must meet
threshold to initiate an award in the plan.
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4.
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Will interpolate awards between
threshold, target, and optimum.
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