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Exhibit 10.1
2009
MANAGEMENT INCENTIVE COMPENSATION PLAN SUMMARY
Alliant Energy Corporation (the
“Company”) maintains the Management Incentive
Compensation Plan (MICP), which provides eligible employees with a
cash bonus if corporate and individual goals are met. The following
is a summary of the material terms of the MICP applicable to named
executive officers of the Company for 2009.
Alliant Energy Corporate
Performance : The
table below outlines the 2009 goals against which corporate
performance will be measured and the funding associated with each
level of achievement.
2009
CORPORATE PERFORMANCE MEASURES
For Purposes of Determining the Short-Term Incentive
Pool
|
Earnings
Per Share (EPS) (1)
|
Cash
Flow (2)
|
|
Level
|
Funding
|
Level
|
Funding
|
|
Maximum
|
150%
|
|
|
|
Target
|
100%
|
Target
($545M)
|
100%
|
|
Threshold (3)
|
20%
|
|
|
|
($2.10)
|
|
|
|
|
Weighting
of EPS in
final Corporate Performance
|
Weighting
of Cash Flow in
final Corporate Performance
|
|
85%
|
15%
|
|
|
(1)
|
Earnings
per share (EPS) amounts used for purposes of determining short-term
incentive pool will be based on utility earnings from continuing
operations only.
|
|
