Exhibit 10.18

Cintas Corporation

Executive Compensation

Fiscal Year 2006

President & CEO

 

 

 

 

 

 

Current FY ‘05

 

FY ‘06 Target

 

% Change

I.

Base Pay:

 

 

 

 

 

 

 

Target Bonus Award:

 

 

 

 

 

 

 

Total Cash Comp:

 

 

 

 

 

 

 

II.

Bonus Formula

 

 

 

 

A.

37.5% Based on E.P.S. Increase

 

 

*Based on earnings per share increase over FY 2005

 

 

(FY 2005 Diluted E.P.S. = $1.74)

 

 

 

 

B.

37.5% Based on Sales Increase over FY 2005.

 

 

 

 

C.

25% Based on Results of competitively sensitive Non-Financial Goals.

 

 

 

 

 

 

 

 

 

 

 

 

Signature:

 

 

CINTAS CORPORATION

 

Scott Farmer

 

 

 

 

 

 

 

By:

 

 

 

 

 

 

 

 

 

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