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FISHER Communications, Inc. Management Short Term Incentive Plan-2008, as of December 9, 2008 Purpose

Executive Compensation Plan Agreement

FISHER Communications, Inc. Management Short Term Incentive Plan-2008, as of December 9, 2008 Purpose | Document Parties: FISHER COMMUNICATIONS INC You are currently viewing:
This Executive Compensation Plan Agreement involves

FISHER COMMUNICATIONS INC

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Title: FISHER Communications, Inc. Management Short Term Incentive Plan-2008, as of December 9, 2008 Purpose
Date: 3/16/2009
Industry: Broadcasting and Cable TV     Sector: Services

FISHER Communications, Inc. Management Short Term Incentive Plan-2008, as of December 9, 2008 Purpose, Parties: fisher communications inc
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Exhibit 10.25

 

 

FISHER Communications, Inc. Management Short Term Incentive Plan-2008, as of December 9, 2008

Purpose

The purpose of the Management Short Term Incentive Plan (the Plan) is to reward performance by focusing Fisher Communications key management employees on setting high standards and achieving performance goals.

Administration of the Plan

The Compensation Committee of the Board of Directors of Fisher Communications (the Committee) will approve final disposition of all matters pertaining to the administration of the Plan. The Committee’s decisions affecting the construction of the Plan will be final and binding on all parties.

The President and Chief Executive Officer (CEO) of Fisher Communications, on behalf of the Committee, has the responsibility to administer the Plan. The CEO will review goals for all plan participants. The Committee will review and approve Company financial goals, individual goals and final performance results and payouts.

Responsibilities for actions taken under the Plan and associated time frames are:

 

Responsibilities

  

CEO

  

Participant

  

Finance and

Administration

  

Committee

Goal setting for upcoming year (Company financial and individual)

  

December 2007-

January 2008

  

December 2007-

January 2008

  

October 2007-

December 2007

  

Goal approval for upcoming year

  

  

  

  

March 2008

Evaluation of performance results at the end of the Plan period

  

January 2009-

February 2009

  

  

January 2009-

February 2009

  

Calculation of payouts

  

March 2009

  

  

March 2009

  


 
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