Back to top

SUMMARY DESCRIPTION OF ANNUAL MANAGEMENT INCENTIVE COMPENSATION PLAN

Executive Compensation Plan Agreement

SUMMARY DESCRIPTION OF ANNUAL MANAGEMENT INCENTIVE COMPENSATION PLAN | Document Parties: GIBRALTAR INDUSTRIES, INC. You are currently viewing:
This Executive Compensation Plan Agreement involves

GIBRALTAR INDUSTRIES, INC.

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: SUMMARY DESCRIPTION OF ANNUAL MANAGEMENT INCENTIVE COMPENSATION PLAN
Date: 2/24/2009
Industry: Constr. - Supplies and Fixtures     Sector: Capital Goods

SUMMARY DESCRIPTION OF ANNUAL MANAGEMENT INCENTIVE COMPENSATION PLAN, Parties: gibraltar industries  inc.
50 of the Top 250 law firms use our Products every day

Exhibit 10.1

SUMMARY DESCRIPTION
OF
ANNUAL MANAGEMENT INCENTIVE COMPENSATION PLAN

As previously disclosed in filings made with the Securities and Exchange Commission, Gibraltar Industries, Inc. (the “Company”) maintains an annual incentive compensation plan known as the Management Incentive Compensation Plan (“MICP”) for the benefit of its executive officers and other key employees of the Company and its subsidiaries. The MICP is designed to provide an alignment between the cash compensation paid to the Company’s management and the interests of the Company’s stockholders by rewarding management for performance that the Company believes will lead to improvements in stockholder value.

In the administration of the MICP, a targeted annual incentive compensation award, which is equal to a stated percentage of a participant’s annual base salary, is established for each participant. Participants are entitled to payment of their targeted annual incentive compensation award if the level of performance achieved by the Company with respect to objectively determinable


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more