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ENERSYS MANAGEMENT INCENTIVE PLAN (?Plan?) Fiscal Year 2006

Executive Compensation Plan Agreement

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This Executive Compensation Plan Agreement involves

EnerSys

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Title: ENERSYS MANAGEMENT INCENTIVE PLAN (?Plan?) Fiscal Year 2006
Date: 6/20/2005

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2006 Management Incentive Plan

Exhibit 10.1

 

ENERSYS MANAGEMENT INCENTIVE PLAN (“Plan”)

Fiscal Year 2006

 

1.

Plan Objectives

 

 

 

Provide an incentive program that encourages executives, senior managers and operating managers to embrace our corporate vision.

 

 

 

Provide an incentive program to drive all participants to achieve corporate goals by all working together as one company team.

 

 

 

Provide participants with an opportunity to earn bonus compensation for outstanding corporate financial performance.

 

 

 

Provide focused attention on the most important measures of business success.

 

2.

Plan Term

 

The Plan will commence on the first day of the 2006 Fiscal Year (April 1, 2005) and end on the last day of the Fiscal Year (March 31, 2006).

 

3.

Pla

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