Document:

<PAGE>

                                                              Exhibit 10(ii)(ac)
                         J. C. PENNEY CORPORATION, INC.
                                 1989 MANAGEMENT
                         INCENTIVE COMPENSATION PROGRAM

================================================================================

                          ADOPTED BY BOARD OF DIRECTORS
                                JANUARY 31, 1989
                           EFFECTIVE FEBRUARY 1, 1989
                      AS AMENDED THROUGH FEBRUARY 20, 2002
                       (NO STOCKHOLDER APPROVAL REQUIRED)

================================================================================

<PAGE>

                         J. C. PENNEY CORPORATION, INC.
                                 1989 Management
                         Incentive Compensation Program

1. Purpose of Program. The purpose of this 1989 Management Incentive
Compensation Program ("Program") is to continue in effect a fundamental policy
which has been an important factor in the growth and success of J. C. Penney
Corporation, Inc., and its divisions and subsidiaries (collectively, the
"Company"). That policy is to base a substantial part of the compensation of
management employees ("associates") of the Company holding positions of
responsibility upon the operating results of the Company which such associates
help to create. Those associates will be paid reasonable fixed salaries, but
because their aggregate yearly remuneration may be affected substantially by
variations in the operating results of the Company, they will have a direct
incentive to put forth their best efforts for the development and growth of the
Company.

2. Structure of Program. The Program shall initially consist of separate
incentive compensation plans ("plan" or "plans") for the following groups of
associates: (1) general management, (2) merchandising, and (3) catalog. The
Board of Directors of the Company ("Board of Directors" or "Board") may from
time to time authorize additional plans to be included in the Program or the
consolidation of plans that are in the Program.

     The Program and all plans shall be administered by, or under the direction
of, a committee ("Committee") of the Board of Directors consisting of not less
than three Board members who are not, and who have not within the year prior to
such service on the

<PAGE>

Committee been, eligible to participate in any plan or the Program. The
Committee shall have plenary authority to interpret the Program and the plans
and to make all determinations specified in or permitted by the Program and the
plans or deemed necessary or desirable for their administration or for the
conduct of the Committee's business; all interpretations and determinations of
the Committee may be made on an individual or group basis, and shall be final,
conclusive, and binding on all interested parties; and the Committee may
delegate its responsibilities under the Program and the plans to persons other
than its members, subject to such terms and conditions as it shall determine.

3. Participants in Plans. Participants in a plan for any fiscal year shall be
designated by the Committee. Such designation may be made and, may from time to
time be changed, on an individual basis or by groups, according to position
responsibility level, salary, or any other method of classification deemed
appropriate by the committee, but only management associates (including those
who are also directors, but excluding those who serve as directors only of J. C.
Penney Company, Inc.) may be so designated by the Committee.

4. Determination of Bases of Participation of Participants. The basis on which
each participant shall participate in a plan shall be determined by the
Committee, and any bases so determined may be changed from time to time by such
Committee.

                                      -2-

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     The Committee may determine the basis on which each participant shall
participate in a plan, on an individual basis or by groups, according to
position responsibility level, salary, or any other method of classification
deemed appropriate by the Committee. The Committee may specify that such
determination will continue in effect until changed by it, in which event the
Committee shall not be required to make a new determination for each fiscal
year.

     The Board of Directors shall determine the basis on which participants who
are directors of J. C. Penney Company, Inc. shall participate in a plan, and
from time to time may change such determination. The Board may specify that such
determination shall continue in effect until changed by it, in which event the
Board shall not be required to make a new determination for each fiscal year.
Such initial determination and any such change shall be made only after
recommendations of the Committee are considered.

5. Limit on Incentive Compensation. There are no limits on the total amount of
incentive compensation payable with respect to the Program for any fiscal year.

6. Determination and Payments of Incentive Compensation. The method for
determining incentive compensation payable with respect to any plan and the
Program for any fiscal year shall be prescribed by the Committee, and may be
changed from, time to time, and the Committee shall determine for each fiscal
year the value of the incentive compensation unit under any plan included in the
Program.

                                      -3-

<PAGE>

     The amount of incentive compensation payable under the plans shall be
computed in accordance with the determinations of the Committee, and shall be
paid on the basis of such computation. The Committee shall adopt such rules and
procedures as it shall deem necessary or desirable in order that the amounts
paid under the Program be verified, and such verification be submitted to the
Board for its approval. Such verified amounts, when approved by the Board shall
be final, conclusive, and binding on all interested parties, including the
Company and the plan participants.

     The Board or the Committee may permit a participant to defer receipt of all
or part of any payment under a plan, or the Board or the committee may determine
to defer receipt, by all or some participants, of all or part of any such
payment. Any such deferral shall be for such period and in accordance with such
terms, provisions, and conditions as the Board or the Committee shall determine.

7. Termination and Amendment of Plans and Program. The Board of Directors shall
have power to construe, interpret, administer, amend, modify, suspend, and
terminate the Program or any plan established under the Program.

8. Effective Date. The effective date of the Program shall be February 1, 1989.

                                      -4-<PAGE>
                                                              Exhibit 10(ii)(ad)

                               ECKERD CORPORATION

                            KEY MANAGEMENT BONUS PLAN

     1. Purpose. The Key Management Bonus Plan (KMBP) is intended to focus the
        -------
attention of plan participants on financial factors critical to Eckerd
Corporation's (the "Company") success. Through a carefully tailored combination
of company-wide, regional, district, departmental and personal goals, each
individual participant is encouraged to concentrate effort in those areas which
most affect the Company's bottom line. The KMBP rewards participants for their
contribution to the achievement of the Company's established financial and
operating goals.

          The Company is committed to a "pay for performance" philosophy.
Therefore, compensation programs are designed to reward achievement of financial
results. The KMBP is a pivotal component of a manager's total compensation,
which includes base pay and benefits. It represents a significant corporate
investment in its participants as key players on the Company's management team.

     2. Administration. The KMBP shall be administered by the Board of Directors
        --------------
of the Company. The Board may delegate the administration of the KMBP to the
Executive Compensation and Stock Option Committee of the Board of Directors
comprised of three or more members of the Board or such other committee as the
Board may designate from time to time (the "Committee"). The Board of Directors
or the Committee may, from time to time, establish such rules and regulations
for carrying out the KMBP as they may deem necessary or desirable. The Board of
Directors or the Committee shall decide all questions of fact arising in the
application of the KMBP and shall interpret and construe the provisions of the
KMBP and of

                                        1

<PAGE>

any other documents relating to it or a bonus award hereunder and any such
decision, interpretation or construction shall be conclusive and binding upon
all persons.

     3. Effective Date Of Plan. The KMBP shall become effective as of February
        ----------------------
1, 1999 upon approval by the Board of Directors.

     4. Eligibility. The executive officers eligible to participate in the KMBP
        -----------
are established by the Board or the Committee. Other positions eligible to
participate in the KMBP are established by the Board of Directors, the
Committee, or the Company's Senior Management. The Committee decides the level
of the participant's participation.

          To be a "qualified participant" in the KMBP, an individual must be in
a KMBP position before November 1st of the applicable fiscal year, remain in a
KMBP position for at least 90 days, have a performance rating of Meeting
Expectations or better for the applicable fiscal year, and be actively working
for the Company on the last day of the bonus period. Associates with a
performance rating of Improvement Needed or less for the bonus period or who
were moved from a KMBP eligible position to a non-KMBP eligible position for
performance reasons during the bonus period are not eligible to receive a bonus.
If a participant holds a KMBP position for less than a full fiscal year, the
participant's KMBP payment will be prorated according to the number of weeks the
participant has served in a KMBP position during the applicable fiscal year. If
a participant serves in more than one KMBP position in the course of the year,
the bonus will be calculated for each position separately and prorated for the
number of weeks in that position.

     5. Bonus Period. The bonus period coincides with the Company's fiscal year.
        ------------

     6. Performance Measures. Eligible participants will receive a goal sheet
        --------------------
each fiscal year showing their individual performance measures which may include
sales, EBIT

                                       2

<PAGE>

(earnings before interest and taxes) and EVA (economic value added), among
others. The performance measures may be reflected on one or more matrixes. The
KMBP will generate a unit value based upon the percent or dollar difference
between actual and planned results for each matrix, and performance against
approved EVA targets. The unit values on the matrix range from $0.00 to $3.00.
Performance at plan produces a unit value of $1.00. The unit value of each
matrix represents a percentage of the total unit value. A sample unit value
matrix is attached as Exhibit "A". The financial measure EVA is calculated as
follows:

Total JCPenney EVA
     -    Total Operating Expenses
     -    Taxes
Net Operating Profit After Tax (NOPAT)
--------------------------------------
     -    Capital Charge
--------------------------------------
Economic Value Added (EVA)

An EVA improvement target will be established based on delivering to investors a
competitive return on their capital. The target takes into consideration the
demands of investors now owning or buying stock, and recognizes that performance
must improve to deliver for them a competitive return. The EVA unit values will
be determined by a formula that measures actual EVA dollar performance against
the annual target. The formula to determine the unit value is shown as follows:

Unit value = 1 + (variation from the target)
                 --------------------------
                             range

The range equals two times the EVA improvement target. To determine the
variation from target, subtract the EVA improvement target from the actual EVA
improvement.

     7. Bonus Calculation. The bonus is calculated by multiplying a
        -----------------
participant's number of performance units by the unit value. The number of
performance units is calculated by multiplying the eligible participant's base
salary that was paid during the year by the

                                       3

<PAGE>

applicable percentage. The applicable percentage is based upon the participant's
position level as shown below:

                        Incentive                             Incentive
Eckerd Position Level  Compensation   Eckerd Position Level  Compensation
       (EPL)             Percent              (EPL)            Percent

        19                   37.2              13                27.0

        18                   34.8              12                18.0

        17                   32.3    The following schedule will apply for new
                                     bonus participants effective July 30, 2000.
        16              29.6/27.0*             11                13.9

        15                   27.0              10                10.2

        14                   27.0               9                 6.2

     8. Bonus Payment. KMBP bonuses are paid in cash within 90 days after the
        -------------
end of the fiscal year. At the time of receipt of written notice of a
participant's bonus award, each participant shall arrange with the Company for
the payment of the amount of any taxes required to be collected or withheld as a
result of the payment of the KMBP bonus.

     9. Participants On Leave Of Absence. Qualified participants who go on a
        --------------------------------
Company approved and documented medical or maternity leave of absence during the
bonus period will be eligible for a prorated bonus with credit given for the
first six weeks of the leave and with no credit given for the remaining amount
of time on leave of absence. Qualified participants who go on any other Company
approved leave of absence during the bonus period will be eligible for a
prorated bonus with no credit given for the amount of time on leave of absence.
This bonus will be paid only when the participant returns to work directly from
such a leave. If an eligible participant goes on an approved leave of absence
after the end of the bonus period but before the bonus is paid, the participant
shall receive the full amount of bonus due. The payment will be made within 90
days after the end of the fiscal year.

                                       4

<PAGE>

     10. Termination Of Employment.
         -------------------------

          a. Voluntary Terminations. A qualified participant who voluntarily
terminates employment with the Company before the end of the bonus period
forfeits all rights to any payment under the KMBP plan. Participants who have
informed the Company of their decision to leave the Company must be physically
on the job on the last day of the bonus period to receive payment for that
period. Participants who have notified the Company of their desire to terminate
employment and who choose to take vacation prior to the end of bonus period will
not be deemed to have completed the bonus period and will not be eligible for
payout under the KMBP Plan. Participants who voluntarily terminate employment
after the end of the bonus period but before the bonus is paid are eligible to
receive the bonus payment for that period.

          b. Involuntary Terminations. A qualified participant who is
involuntarily terminated before the bonus is paid for the applicable bonus
period forfeits all rights to any payment under the KMBP.

     11. Changes To Bonus Plan. The KMBP represents compensation in addition to
         ---------------------
normal salary for participants qualified to participate. The Company reserves
the right to amend the KMBP, including the right to make changes in the KMBP's
provisions, payouts, and eligibility, and also reserves the right to discontinue
the KMBP at any time.

                                       5

<PAGE>

                     Unit Value Matrix for Eckerd Drugstores

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<S>     <C>     <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>   <C>
 21%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
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 20%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 19%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 18%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 17%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 16%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 15%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 14%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 13%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 12%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 11%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
 10%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
  9%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
  8%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
  7%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
  6%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88   1.04
------------------------------------------------------------------------------------------------
  5%    .00     .05    .10    .15    .20    .25    .31    .38    .44    .50    .56    .88    .94
------------------------------------------------------------------------------------------------
  4%    .00     .00    .05    .10    .15    .20    .26    .33    .39    .45    .51    .78    .84
------------------------------------------------------------------------------------------------
  3%    .00     .00    .00    .05    .10    .15    .21    .28    .34    .40    .46    .68    .74
------------------------------------------------------------------------------------------------
  2%    .00     .00    .00    .00    .05    .10    .16    .23    .29    .35    .41    .58    .64
------------------------------------------------------------------------------------------------
  1%    .00     .00    .00    .00    .00    .05    .11    .18    .24    .30    .36    .48    .54
------------------------------------------------------------------------------------------------
MEET    .00     .00    .00    .00    .00    .00    .06    .13    .19    .25    .31    .38    .44
------------------------------------------------------------------------------------------------
 -1%    .00     .00    .00    .00    .00    .00    .00    .06    .13    .19    .25    .31    .38
------------------------------------------------------------------------------------------------
 -2%    .00     .00    .00    .00    .00    .00    .00    .00    .06    .13    .19    .25    .31
------------------------------------------------------------------------------------------------
 -3%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .06    .13    .19    .25
------------------------------------------------------------------------------------------------
 -4%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .06    .13    .19
------------------------------------------------------------------------------------------------
 -5%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .06    .13
------------------------------------------------------------------------------------------------
 -6%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .06
------------------------------------------------------------------------------------------------
 -7%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
 -8%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
 -9%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-10%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-11%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-12%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-13%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-14%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-15%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-16%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-17%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-18%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-19%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-20%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
------------------------------------------------------------------------------------------------
-21%    .00     .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00
================================================================================================
        -21%    -20%   -19%   -18%   -17%   -16%   -15%   -14%   -13%   -12%   -11%   -10%    -9%
================================================================================================

<CAPTION>
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<S>      <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>   <C>    <C>    <C>    <C>
 21%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   3.00   3.00   3.00  3.00   3.00   3.00   3.00
--------------------------------------------------------------------------------------------------------------
 20%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   3.00   3.00   3.00  3.00   3.00   3.00   3.00
--------------------------------------------------------------------------------------------------------------
 19%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.90   3.00   3.00  3.00   3.00   3.00   3.00
--------------------------------------------------------------------------------------------------------------
 18%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.80   2.95   3.00  3.00   3.00   3.00   3.00
--------------------------------------------------------------------------------------------------------------
 17%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.70   2.85   3.00  3.00   3.00   3.00   3.00
--------------------------------------------------------------------------------------------------------------
 16%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.60   2.75   2.90  3.00   3.00   3.00   3.00
--------------------------------------------------------------------------------------------------------------
 15%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.50   2.65   2.80  2.95   3.00   3.00   3.00
--------------------------------------------------------------------------------------------------------------
 14%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.40   2.55   2.70  2.85   3.00   3.00   3.00
--------------------------------------------------------------------------------------------------------------
 13%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.30   2.45   2.60  2.75   2.90   3.00   3.00
--------------------------------------------------------------------------------------------------------------
 12%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.20   2.35   2.50  2.65   2.80   2.95   3.00
--------------------------------------------------------------------------------------------------------------
 11%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.10   2.25   2.40  2.55   2.70   2.85   3.00
--------------------------------------------------------------------------------------------------------------
 10%     1.20   1.36   1.53   1.69   1.75   1.81   1.88   1.94   2.00   2.15   2.30  2.45   2.60   2.75   2.90
--------------------------------------------------------------------------------------------------------------
  9%     1.20   1.36   1.53   1.59   1.65   1.71   1.78   1.84   1.90   2.05   2.20  2.35   2.50   2.65   2.80
--------------------------------------------------------------------------------------------------------------
  8%     1.20   1.36   1.43   1.49   1.55   1.61   1.68   1.74   1.80   1.95   2.10  2.25   2.40   2.55   2.70
--------------------------------------------------------------------------------------------------------------
  7%     1.20   1.26   1.33   1.39   1.45   1.51   1.58   1.64   1.70   1.85   2.00  2.15   2.30   2.45   2.60
--------------------------------------------------------------------------------------------------------------
  6%     1.10   1.16   1.23   1.29   1.35   1.41   1.48   1.54   1.60   1.75   1.90  2.05   2.20   2.35   2.50
--------------------------------------------------------------------------------------------------------------
  5%     1.00   1.06   1.13   1.19   1.25   1.31   1.38   1.44   1.50   1.65   1.80  1.95   2.10   2.25   2.35
--------------------------------------------------------------------------------------------------------------
  4%      .90    .96   1.03   1.09   1.15   1.21   1.28   1.34   1.40   1.55   1.70  1.85   2.00   2.10   2.20
--------------------------------------------------------------------------------------------------------------
  3%      .80    .86    .93    .99   1.05   1.11   1.18   1.24   1.30   1.45   1.60  1.75   1.85   1.95   2.05
--------------------------------------------------------------------------------------------------------------
  2%      .70    .76    .83    .89    .95   1.01   1.08   1.14   1.20   1.35   1.50  1.60   1.70   1.80   1.90
--------------------------------------------------------------------------------------------------------------
  1%      .60    .66    .73    .79    .85    .91    .98   1.04   1.10   1.25   1.35  1.45   1.55   1.65   1.75
--------------------------------------------------------------------------------------------------------------
MEET      .50    .56    .63    .69    .75    .81    .88    .94   1.00   1.10   1.20  1.30   1.40   1.50   1.60
--------------------------------------------------------------------------------------------------------------
 -1%      .44    .50    .56    .63    .69    .75    .81    .88    .94   1.04   1.14  1.24   1.34   1.44   1.54
--------------------------------------------------------------------------------------------------------------
 -2%      .38    .44    .50    .56    .63    .69    .75    .81    .88    .98   1.08  1.18   1.28   1.38   1.48
--------------------------------------------------------------------------------------------------------------
 -3%      .31    .38    .44    .50    .56    .63    .69    .75    .81    .91   1.01  1.11   1.21   1.31   1.41
--------------------------------------------------------------------------------------------------------------
 -4%      .25    .31    .38    .44    .50    .56    .63    .69    .75    .85    .95  1.05   1.15   1.25   1.35
--------------------------------------------------------------------------------------------------------------
 -5%      .19    .25    .31    .38    .44    .50    .56    .63    .69    .79    .89   .99   1.09   1.19   1.29
--------------------------------------------------------------------------------------------------------------
 -6%      .13    .19    .25    .31    .38    .44    .50    .56    .63    .73    .83   .93   1.03   1.13   1.23
--------------------------------------------------------------------------------------------------------------
 -7%      .06    .13    .19    .25    .31    .38    .44    .50    .56    .66    .76   .86    .96   1.06   1.16
--------------------------------------------------------------------------------------------------------------
 -8%      .00    .06    .13    .19    .25    .31    .38    .44    .50    .60    .70   .80    .90   1.00   1.10
--------------------------------------------------------------------------------------------------------------
 -9%      .00    .00    .06    .13    .19    .25    .31    .38    .44    .54    .64   .74    .84    .94   1.04
--------------------------------------------------------------------------------------------------------------
-10%      .00    .00    .00    .06    .13    .19    .25    .31    .38    .48    .58   .68    .78    .88    .88
--------------------------------------------------------------------------------------------------------------
-11%      .00    .00    .00    .00    .06    .13    .19    .25    .31    .36    .41   .46    .51    .56    .56
--------------------------------------------------------------------------------------------------------------
-12%      .00    .00    .00    .00    .00    .06    .13    .19    .25    .30    .35   .40    .45    .50    .50
--------------------------------------------------------------------------------------------------------------
-13%      .00    .00    .00    .00    .00    .00    .06    .13    .19    .24    .29   .34    .39    .44    .44
--------------------------------------------------------------------------------------------------------------
-14%      .00    .00    .00    .00    .00    .00    .00    .06    .13    .18    .23   .28    .33    .38    .38
--------------------------------------------------------------------------------------------------------------
-15%      .00    .00    .00    .00    .00    .00    .00    .00    .06    .11    .16   .21    .26    .31    .31
--------------------------------------------------------------------------------------------------------------
-16%      .00    .00    .00    .00    .00    .00    .00    .00    .00    .05    .10   .15    .20    .25    .25
--------------------------------------------------------------------------------------------------------------
-17%      .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .05   .10    .15    .20    .20
--------------------------------------------------------------------------------------------------------------
-18%      .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00   .05    .10    .15    .15
--------------------------------------------------------------------------------------------------------------
-19%      .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00   .00    .05    .10    .10
--------------------------------------------------------------------------------------------------------------
-20%      .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00   .00    .00    .05    .05
--------------------------------------------------------------------------------------------------------------
-21%      .00    .00    .00    .00    .00    .00    .00    .00    .00    .00    .00   .00    .00    .00    .00
==============================================================================================================
           -8%    -7%    -6%    -5%    -4%    -3%    -2%    -1%  MEET      1%     2%    3%     4%     5%     6%
==============================================================================================================

<CAPTION>
----------------------------------------------------------------------------------------------------------------
<S>      <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>    <C>     <C>    <C>    <C>    <C>    <C>
 21%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 20%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 19%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 18%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 17%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 16%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 15%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 14%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 13%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 12%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 11%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 10%     3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
  9%     2.95   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
  8%     2.85   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
  7%     2.75   2.85   2.95   3.00   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
  6%     2.60   2.70   2.80   2.90   3.00   3.00   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
  5%     2.45   2.55   2.65   2.75   2.85   2.95   3.00   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
  4%     2.30   2.40   2.50   2.60   2.70   2.80   2.90   3.00   3.00   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
  3%     2.15   2.25   2.35   2.45   2.55   2.65   2.75   2.85   2.95   3.00    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
  2%     2.00   2.10   2.20   2.30   2.40   2.50   2.60   2.70   2.80   2.90    3.00   3.00   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
  1%     1.85   1.95   2.05   2.15   2.25   2.35   2.45   2.55   2.65   2.75    2.85   2.95   3.00   3.00   3.00
----------------------------------------------------------------------------------------------------------------
MEET     1.70   1.80   1.90   2.00   2.10   2.20   2.30   2.40   2.50   2.60    2.70   2.80   2.90   3.00   3.00
----------------------------------------------------------------------------------------------------------------
 -1%     1.64   1.74   1.84   1.94   1.94   1.94   1.94   1.94   1.94   1.94    1.94   1.94   1.94   1.94   1.94
----------------------------------------------------------------------------------------------------------------
 -2%     1.58   1.68   1.78   1.88   1.88   1.88   1.88   1.88   1.88   1.88    1.88   1.88   1.88   1.88   1.88
----------------------------------------------------------------------------------------------------------------
 -3%     1.51   1.61   1.71   1.81   1.81   1.81   1.81   1.81   1.81   1.81    1.81   1.81   1.81   1.81   1.81
----------------------------------------------------------------------------------------------------------------
 -4%     1.45   1.55   1.65   1.75   1.75   1.75   1.75   1.75   1.75   1.75    1.75   1.75   1.75   1.75   1.75
----------------------------------------------------------------------------------------------------------------
 -5%     1.39   1.49   1.59   1.69   1.69   1.69   1.69   1.69   1.69   1.69    1.69   1.69   1.69   1.69   1.69
----------------------------------------------------------------------------------------------------------------
 -6%     1.33   1.43   1.53   1.53   1.53   1.53   1.53   1.53   1.53   1.53    1.53   1.53   1.53   1.53   1.53
----------------------------------------------------------------------------------------------------------------
 -7%     1.26   1.36   1.36   1.36   1.36   1.36   1.36   1.36   1.36   1.36    1.36   1.36   1.36   1.36   1.36
----------------------------------------------------------------------------------------------------------------
 -8%     1.20   1.20   1.20   1.20   1.20   1.20   1.20   1.20   1.20   1.20    1.20   1.20   1.20   1.20   1.20
----------------------------------------------------------------------------------------------------------------
 -9%     1.04   1.04   1.04   1.04   1.04   1.04   1.04   1.04   1.04   1.04    1.04   1.04   1.04   1.04   1.04
----------------------------------------------------------------------------------------------------------------
-10%      .88    .88    .88    .88    .88    .88    .88    .88    .88    .88     .88    .88    .88    .88    .88
----------------------------------------------------------------------------------------------------------------
-11%      .56    .56    .56    .56    .56    .56    .56    .56    .56    .56     .56    .56    .56    .56    .56
----------------------------------------------------------------------------------------------------------------
-12%      .50    .50    .50    .50    .50    .50    .50    .50    .50    .50     .50    .50    .50    .50    .50
----------------------------------------------------------------------------------------------------------------
-13%      .44    .44    .44    .44    .44    .44    .44    .44    .44    .44     .44    .44    .44    .44    .44
----------------------------------------------------------------------------------------------------------------
-14%      .38    .38    .38    .38    .38    .38    .38    .38    .38    .38     .38    .38    .38    .38    .38
----------------------------------------------------------------------------------------------------------------
-15%      .31    .31    .31    .31    .31    .31    .31    .31    .31    .31     .31    .31    .31    .31    .31
----------------------------------------------------------------------------------------------------------------
-16%      .25    .25    .25    .25    .25    .25    .25    .25    .25    .25     .25    .25    .25    .25    .25
----------------------------------------------------------------------------------------------------------------
-17%      .20    .20    .20    .20    .20    .20    .20    .20    .20    .20     .20    .20    .20    .20    .20
----------------------------------------------------------------------------------------------------------------
-18%      .15    .15    .15    .15    .15    .15    .15    .15    .15    .15     .15    .15    .15    .15    .15
----------------------------------------------------------------------------------------------------------------
-19%      .10    .10    .10    .10    .10    .10    .10    .10    .10    .10     .10    .10    .10    .10    .10
----------------------------------------------------------------------------------------------------------------
-20%      .05    .05    .05    .05    .05    .05    .05    .05    .05    .05     .05    .05    .05    .05    .05
----------------------------------------------------------------------------------------------------------------
-21%      .00    .00    .00    .00    .00    .00    .00    .00    .00    .00     .00    .00    .00    .00    .00
================================================================================================================
            7%     8%     9%    10%    11%    12%    13%    14%    15%    16%     17%    18%    19%    20%    21%
================================================================================================================
</TABLE>

     PROFIT $  % OVER/UNDER PLAN

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00038-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00038-of-00352.parquet"}]]