Document:

Form of Restricted Stock Unit Agreement

 Exhibit 10.2 

D.R. HORTON, INC. 
 GRANT NOTICE FOR 2006 STOCK INCENTIVE PLAN 
 PERFORMANCE RESTRICTED STOCK
UNITS 
 FOR GOOD AND VALUABLE CONSIDERATION, D. R. Horton, Inc. (the “Company”), hereby grants to Grantee named below the
number of performance restricted stock units specified below (the “Award” or the “Performance RSUs”), upon the terms and subject to the conditions set forth in this Grant Notice, the Company’s 2006 Stock Incentive
Plan, as amended and restated (the “Plan”) and the Standard Terms and Conditions (the “Standard Terms and Conditions”) adopted pursuant to such Plan and provided to Grantee, each as amended from time to time. Each
performance restricted stock unit subject to this Award represents the right to receive one share of the Company’s Common Shares, subject to the conditions set forth in this Grant Notice, the Plan and the Standard Terms and Conditions. This
Award is granted pursuant to the Plan and is subject to and qualified in its entirety by the Standard Terms and Conditions. 
  

			
	 Name of Grantee:
	 	
		
	 Approval Date:

Grant Date:
 Vesting Period:
	 	
		
	 Number of performance restricted stock units subject to the Award at target and maximum performance:
	 	                     (Target)
(“Target Award”)
  

                    (Maximum)

 By accepting this Grant Notice, Grantee acknowledges that he or she has received and read, and agrees that this Award
shall be subject to, the terms of this Grant Notice, the Plan and the Standard Terms and Conditions. 
  

											
	 Grantee:
	 	  
	 		 	D.R. HORTON, INC.,
		 		 		 		 	a Delaware Corporation
	 Printed Name: 
	 	  
	 		 		 	
		 		 		 		 	By:	 	The Compensation Committee of the
		 		 		 		 		 	Board of Directors
						
		 		 		 		 	By:	 	  

		 		 		 		 	Name:	 	
		 		 		 		 	Title:	 	

 D.R. HORTON, INC. 

STANDARD TERMS AND CONDITIONS FOR 
 PERFORMANCE RESTRICTED STOCK UNITS 
 These Standard Terms and Conditions apply to any Award
of performance restricted stock units granted to an employee of the Company under the Company’s 2006 Stock Incentive Plan, as amended and restated (the “Plan”), as approved by the Compensation Committee on
            , 20        , which are evidenced by a Grant Notice or an action of the Committee that specifically refers to these Standard Terms and
Conditions. 
  

	1.	TERMS OF PERFORMANCE RESTRICTED STOCK UNITS 

 D.R. Horton, Inc., a Delaware corporation (the “Company”), has granted to the Grantee named in the Grant Notice provided to said Grantee herewith (the “Grant Notice”) an
award of a number of performance restricted stock units (the “Award” or the “Performance RSUs”) specified in the Grant Notice. Each Performance RSU represents the right to receive one share of the Company’s Common
Shares, $0.01 par value per share (the “Common Shares”) upon the terms and subject to the conditions set forth in the Grant Notice, these Standard Terms and Conditions, and the Plan, each as amended from time to time. 

The Compensation Committee reserves the right to pay the final earned and vested Performance RSUs in equity, cash or a combination of
both. 
 The Compensation Committee may use its sole discretion to adjust downward, in part or in whole the vested Performance
RSUs or the value of the Performance RSUs based on performance of the Company, including based on total annual pre-tax income or stock price of the Company, the performance of the participant or other factors in the Compensation Committee’s
sole discretion. 
  

	2.	VESTING OF PERFORMANCE RESTRICTED STOCK UNITS 

 The Award shall not be vested as of the Grant Date set forth in the Grant Notice and shall be forfeitable unless and until otherwise vested pursuant to the terms of these Standard Terms and Conditions.
After the Grant Date, subject to termination or acceleration as provided in these Standard Terms and Conditions and the Plan, the Award shall become vested as described in this Section 2 with respect to that number of Performance RSUs as
described in this Section 2. 
  

	 	A.	The number of Performance RSUs that may be paid to you shall be based upon the Company’s achievement of the following four performance goals (“Performance
Goals”) over the Performance Period: (i) Relative Total Shareholder Return (“TSR”) (as defined in Section 17), (ii) Relative Return on Investment (“ROI”) (as defined in
Section 17), (iii) Relative SG&A Containment (“SG&A Containment” or “SG&A”) (as defined in Section 17), and (iv) Relative Gross Profit (“GP”) (as defined in
Section 17). Each of TSR, ROI, SG&A and GP shall be given twenty-five percent (25%) weight when ranking relative performance and when calculating the final vesting of the Award. See Exhibit C for examples of this
calculation. Ranking of the relative performance of the Company and its peers shall be in accordance with the following ranking tables: 

  
 2 

 Total Shareholder Return (weighted 25% of Target Award) 

The Grantee shall vest in the TSR portion of the Award based on the Company’s performance of Total Shareholder Return as compared to the Total
Shareholder Return of the S&P 500 Index over the three year Performance Period. Total Shareholder Return is to be determined by Standard and Poor’s after the Performance Period using the same or materially similar criteria used by them in
preparing the stock performance graph included each year in the Company’s public filings (Form 10-K for proxy statement, as applicable). The Grantee shall receive the number of Performance RSUs in relation to the Company’s TSR performance
as compared to the S&P 500 Index’s TSR performance as set forth in the table below (See Exhibit A for examples of hypothetical TSR rankings): 
  

					
	 Company TSR

relative to

S&P 500 Index TSR
	  	Number
of
Performance RSUs Awarded
	 10 percentage points below
	  	zero	  	
	 9 percentage points below
	  	—  	  	(Threshold)
	 8 percentage points below
	  	—  	  	
	 7 percentage points below
	  	—  	  	
	 6 percentage points below
	  	—  	  	
	 5 percentage points below
	  	—  	  	
	 4 percentage points below
	  	—  	  	
	 3 percentage points below
	  	—  	  	
	 2 percentage points below
	  	—  	  	
	 1 percentage point below
	  	—  	  	
			
	 Equal to S&P 500 Index TSR
	  	—  	  	(Target)
			
	 1 percentage point above
	  	—  	  	
	 2 percentage points above
	  	—  	  	
	 3 percentage points above
	  	—  	  	
	 4 percentage points above
	  	—  	  	
	 5 percentage points above
	  	—  	  	
	 6 percentage points above
	  	—  	  	
	 7 percentage points above
	  	—  	  	
	 8 percentage points above
	  	—  	  	
	 9 percentage points above
	  	—  	  	
	 10 percentage points above
	  	—  	  	(Maximum)

 The final number of Performance RSUs under this TSR Performance Goal shall be determined using the above percentages and
rankings. Performance and percentages that fall between those listed in the table above shall be ranked using linear interpolation. Under the TSR component of the Performance Goals and after giving effect to the 25% weighting to the total Target
Award, the number of Performance RSUs that can be earned is as follows:             Maximum,             Target and
            Threshold. 

  
 3 

 ROI and SG&A and GP (each weighted 25% of Target Award) 

 

					
	 Performance Level

Compared to Peer Group
	  	Payout	  	Performance
RSUs
	 1st Place  
	  	Maximum	  	—  
	 2nd Place  
	  		  	—  
	 3rd Place  
	  		  	—  
	 4th Place  
	  		  	—  
			
	 5th Place  
	  	Target	  	—  
			
	 6th Place  
	  		  	—  
	 7th Place  
	  		  	—  
	 8th Place  
	  		  	—  
	 9th Place  
	  		  	—  
	 10th Place
	  	Threshold	  	—  
	 11th Place
	  		  	zero

 Note: See Exhibit B for the complete listing of Homebuilder Peer Group. 

The final number of Performance Units under the ROI, SG&A and GP Performance Goals shall be determined using the above table. Under
these three components of the Performance Goals, the collective number of Performance RSUs that can be earned is: Maximum             , Target
            , and Threshold             . 
  

	 	B.	After adjustment for forfeitures as provided in Section 2, the number of Performance RSUs paid to you will be determined based on the Company’s ranking on
each of the four Performance Goals. Notwithstanding the foregoing, the maximum number of Performance RSUs you can earn will be an aggregate of 200% (two times) the original Target Award granted to you, and the minimum number of Performance RSUs that
you can earn is zero. 

  

	 	C.	Issuance of shares earned under this Award shall be made to you as soon as practicable but no later than 45 days following certification by the Compensation Committee
of the Board of Directors of the Company (the “Committee”) as set forth below, unless you timely elect a deferred payment/receipt in the manner and within the time frames specified by the Committee and in compliance with Code
Section 409A (the “Payout Date”). In the event of your death prior to the Payout Date, any amount payable to you under the Award will be paid to your designated beneficiary or, if none, to your estate. Prior to any issuance
under this Award, the Committee shall certify in writing, by resolution or otherwise, that the Performance Goals and any other material terms of the Award were in fact satisfied and the amount to be paid in respect of the Performance RSUs as a
result of the achievement of the Performance Goals. 

  
 4 

	 	D.	The Award shall vest as follows: 

The number of Performance RSUs that vest will be determined after the completion of the performance period, which shall begin on
                    , 20         and end on
                    , 20         (the “Performance Period”), and will be based on the
final peer rankings on each of the four Performance Goals as set forth in this Section 2. 
 Notwithstanding anything
contained in these Standard Terms and Conditions to the contrary: 
  

	 	(i)	if the Grantee’s separation from service is due to death or disability before
                    , 20        , then after the Performance Period is completed and vesting
determined, if any, the Grantee or his beneficiaries will be paid a number of Performance RSUs determined on a pro-rata basis based on the number of full months completed from the Grant Date before the death or disability. 

 

	 	(ii)	if after 13 months has passed since the Grant Date, the Grantee’s separation from service is due to voluntary (without cause) or involuntary (without cause)
termination, retirement or resignation before                     , 20        , then after the
Performance Period is completed and vesting determined, if any, the Grantee will be paid a number of Performance RSUs determined on a pro-rata basis based on the number of full months completed from the Grant Date to the date of separation of
service. 

  

	 	(iii)	if the Grantee’s separation from service is for any reason other than those listed in (i) and (ii) above, any unvested portion of the Award held by the
Grantee shall be forfeited and canceled as of the date of such separation of service. 

 For purposes of this
Section 2, “pro-rata portion” means a percentage, where the numerator is the number of full months completed between
                    , 20         and the date of the Grantee’s separation of service, and the
denominator is                      months. 
  

	3.	SETTLEMENT OF PERFORMANCE RESTRICTED STOCK UNITS 

 Vested Performance RSUs shall be settled by the delivery to the Grantee or a designated brokerage firm of one Share per vested Performance RSU on or before
                    , 20         or as soon as reasonably practicable thereafter. 

 

	4.	RIGHTS AS STOCKHOLDER 

 The
Grantee shall have no voting rights and no right to receive any dividends with respect to Common Shares underlying Performance RSUs unless and until such Common Shares are reflected as issued and outstanding shares on the Company’s stock
ledger. 

  
 5 

	5.	CHANGE IN CONTROL 

 Unless
otherwise provided in an employment, severance or other agreement between the Company and the Grantee, the Committee shall determine the effect of a Change in Control on all unvested Performance RSUs. Without limitation, the Committee may provide
for the acceleration of vesting of all or a portion of the unvested Performance RSUs at such performance level as determined by the Committee, for a payment based on the Change in Control Price in settlement of the Performance RSUs at such
performance level as determined by the Committee, or for the assumption or substitution of Performance RSUs by the Grantee’s employer (or the parent or an Affiliate of such employer) or other service recipient that engages the Grantee
immediately following the Change in Control. In all events, any action under this Section 5 shall comply with the applicable requirements of Section 409A of the Code. 

 

	6.	RESTRICTIONS ON RESALES OF SHARES 

The Company may impose such restrictions, conditions or limitations as it determines appropriate as to the timing and manner of any
resales by the Grantee or other subsequent transfers by the Grantee of any Common Shares issued in respect of vested Performance RSUs, including without limitation (a) restrictions under an insider trading policy, (b) restrictions designed
to delay and/or coordinate the timing and manner of sales by Grantee and other holders and (c) restrictions as to the use of a specified brokerage firm for such resales or other transfers. 

 

	7.	INCOME TAXES 

 The Company shall
not deliver shares in respect of any Performance RSUs unless and until the Grantee has made arrangements satisfactory to the Committee to satisfy applicable withholding tax obligations. Unless otherwise permitted by the Committee, withholding shall
be effected by withholding Common Shares issuable in connection with the delivery of the Performance RSUs (net withholding provision) in an amount to satisfy the Grantee’s withholding tax obligations. The Grantee acknowledges that the Company
shall have the right to deduct any taxes required to be withheld by law in connection with the delivery of the Performance RSUs from any amounts payable by it to the Grantee (including, without limitation, future cash wages). 

 

	8.	NON-TRANSFERABILITY OF AWARD 

The Grantee represents and warrants that the Performance RSUs are being acquired by the Grantee solely for the Grantee’s own account
for investment and not with a view to or for sale in connection with any distribution thereof. The Grantee further understands, acknowledges and agrees that, except as otherwise provided in the Plan, the Performance RSUs may not be sold, assigned,
transferred, pledged or otherwise directly or indirectly encumbered or disposed of except to the extent expressly permitted hereby and at all times in compliance with the U.S. Securities Act of 1933, as amended, and the rules and regulations of the
Securities Exchange Commission thereunder, and in compliance with applicable state securities or “blue sky” laws and non-U.S. securities laws. Unless permitted by the Committee, the Performance RSUs may not be sold, transferred, pledged,
assigned, or otherwise alienated or hypothecated by the Grantee other than by will or the laws of descent and distribution. 

  
 6 

	9.	THE PLAN AND OTHER AGREEMENTS 

In addition to these Terms and Conditions, the Award shall be subject to the terms of the Plan, which are incorporated into these Standard
Terms and Conditions by this reference. Certain capitalized terms not otherwise defined herein are defined in the Plan. In the event of a conflict between the terms and conditions of these Standard Terms and Condition and the Plan, the Plan
controls. 
 Subject to the next paragraph, the Grant Notice, these Standard Terms and Conditions and the Plan constitute the
entire understanding between the Grantee and the Company regarding the Award, and any prior agreements, commitments or negotiations concerning the Award are superseded. 
 The Award (including the terms described herein) are subject to the provisions of the Plan and, if the Grantee is outside the U.S., there may be an addendum containing special terms and conditions
applicable to grants in the Grantee’s country. The grant of the Performance RSUs to any such Grantee is contingent upon the Grantee executing and returning any such addendum in the manner directed by the Company. 

 

	10.	NOT A CONTRACT FOR EMPLOYMENT 

Nothing in the Plan, in the Grant Notice, these Standard Terms and Conditions or any other instrument executed pursuant to the Plan shall
confer upon the Grantee any right to continue in the Company’s employ or service nor limit in any way the Company’s right to terminate the Grantee’s employment or other service at any time for any reason. 

 

	11.	SEVERABILITY 

 In the event that
any provision of these Standard Terms and Conditions is declared to be illegal, invalid or otherwise unenforceable by a court of competent jurisdiction, such provision shall be reformed, if possible, to the extent necessary to render it legal, valid
and enforceable, or otherwise deleted, and the remainder of these Standard Terms and Conditions shall not be affected except to the extent necessary to reform or delete such illegal, invalid or unenforceable provision. 

 

	12.	HEADINGS 

 The headings preceding
the text of the sections hereof are inserted solely for convenience of reference, and shall not constitute a part of these Standard Terms and Conditions, nor shall they affect its meaning, construction or effect. 

  
 7 

	13.	FURTHER ASSURANCES 

 Each party
shall cooperate and take such action as may be reasonably requested by another party in order to carry out the provisions and purposes of these Standard Terms and Conditions. 

 

	14.	BINDING EFFECT 

 These Standard
Terms and Conditions shall inure to the benefit of and be binding upon the parties hereto and their respective permitted heirs, beneficiaries, successors and assigns. 
  

	15.	ELECTRONIC DELIVERY 

 By
executing the Grant Notice, the Grantee hereby consents to the delivery of information (including, without limitation, information required to be delivered to the Grantee pursuant to applicable securities laws) regarding the Company and its
subsidiaries, the Plan, and the Performance RSUs via Company web site or other electronic delivery. 
  

	16.	SECTION 409A 

 The Award shall be
administered pursuant to the requirements of Section 409A of the Code. For purposes hereof, “separation from service” shall have the meaning specified in Section 409A of the Code and the regulations thereunder. To the extent
required by Section 409A of the Code, any payment hereunder to a Grantee is a “specified employee” shall be delayed until six months following such Grantee’s separation from service. 

 

	17.	DEFINITIONS 

 Total
Shareholder Return: For purposes of Total Shareholder Return, the following terms shall have the following meanings: 
 “Relative Total Shareholder Return” for the Performance Period means the Company’s Total Shareholder Return, as compared to the S&P 500 Index Total Shareholder Return. See
Exhibit A for examples of this calculation. For this purpose the Total Shareholder Return shall be computed by Standard and Poor’s. 
 “Total Shareholder Return” shall mean the total shareholder return of the Company over the Performance Period as determined by Standard and Poor’s after the Performance Period using
the same or materially similar criteria used by Standard and Poor’s in preparing the stock performance graph included each year in the Company’s public filings (Form 10-K or proxy statement, as applicable). 

  
 8 

 Return on Investment: For purposes of Return on Investment, the following
terms shall have the following meanings: 
 “Annual Pre-Tax Income” for a period of four
consecutive quarters means the sum of quarterly income (loss) before income taxes (including corporate general and administrative expenses) during the four quarters of the Company’s fiscal year. 

“Annual Return on Investment” or “Annual ROI” for a period of four consecutive quarters means
the Annual Pre-Tax Income for the four quarters of the Company’s fiscal year divided by the Annual Total Assets for the four quarters of the Company’s fiscal year. 

“Annual Total Assets” for a period of four consecutive quarters of the Company’s
fiscal year means the average of the beginning balance of total assets as of the end of the quarter immediately preceding the first quarter (i.e.,             ,
20        ) and as of the end of each of the four quarters of the Company’s fiscal year (i.e., December 31st, March 31st, June 30th and September 30th). 
 “Performance Period Return on Investment” or “Performance Period ROI” means the sum of (1) the Annual ROI for the four consecutive quarters ending
            , 20        , and (2) the Annual ROI for the four consecutive quarters ending
            , 20        , and (3) the Annual ROI for the four consecutive quarters ending
            , 20        . 
 “Relative Return on Investment” or “Relative ROI” means the Performance Period ROI of the Company, compared to the other members of the Homebuilding Peer Group.

 SG&A Containment: For purposes of SG&A Containment or SG&A, the following terms shall have the
following meanings: 
 “SG&A Containment” or “SG&A” means consolidated
selling, general and administrative expense (including corporate general and administrative expenses) as a percent of consolidated revenue determined from the Company’s or from a Homebuilding Peer Group member’s, as applicable,
Consolidated Statements of Operations (or equivalent statement or disclosure in a publicly filed Form 10-K or Form 10-Q), for the Performance Period. 
 “Relative SG&A Containment” means the SG&A Containment (of the Company and each member of the Homebuilding Peer Group, determined on an individual basis as applicable), as
compared to and ranked with the other members of the Homebuilding Peer Group. 

  
 9 

 Gross Profit: For purposes of Gross Profit, the following terms shall have the
following meanings: 
 “Gross Profit” means gross profit (total revenue minus total cost of
sales, including impairments and related write-off costs) divided by total revenue (expressed as a percentage) as reported in the Consolidated Statements of Operations (or equivalent statement or disclosure in a publicly filed Form 10-K or
Form 10-Q), for the Performance Period, expressed in percentage terms. 
 “Relative Gross Profit”
means the Gross Profit (of the Company and each member of the Homebuilding Peer Group, determined on an individual basis as applicable), as compared to and ranked with the other members of the Homebuilding Peer Group. 

Other Definitions: 
 “Code” means the Internal Revenue Code of 1986, as amended, and the rulings, regulations and other guidance thereunder. 

“Homebuilding Peer Group” means the companies listed on Exhibit B. If a member of
the Peer Group is acquired or is otherwise a party to a corporate transaction and no longer exists as a separate entity, or if its common stock is delisted, the ranking of the ROI, SG&A and GP Performance Goals of the Homebuilding Peer Group
will be determined for the performance period retroactively to             , 20        , without such former peer group member. 

“Performance Period” means the 3-year period (12 quarters or 36 months) beginning
            , 20         and ending             ,
20        . In comparing results of the Company with the performance of the other companies in the Homebuilding Peer Group, there shall be used the fiscal quarter that corresponds to the same fiscal quarter of
the Company, or if there is not a comparable period, then the fiscal quarter ending most closely before a fiscal quarter of the Company and, in the case of fiscal year computations, there shall be used the four fiscal quarters ending at or most
closely preceding the fiscal year of the Company; provided that the performance metrics will be compared to those of the Company’s Homebuilding Peer Group based on publicly available information of the Homebuilding Peer Group at
            , 20        , 20         and 20        , as applicable.

 “Retirement” has the meaning set forth in the Plan or in a manner consistent with the
Company’s other incentive plans or such date as the Committee shall approve. 
 “Disability”
has the meaning set forth in the Plan or in a manner consistent with the Company’s other incentive plans or such date as the Committee shall approve. 
  

	 	(a)	Rules of Construction. All references to Sections refer to sections in this Award. The titles to sections of this Award are for convenience of reference only
and, in the case of conflict, the text of this Award, rather than the titles, shall control. 

  
 10 

 EXHIBIT A 
 Examples of Total Shareholder Return Rankings 
 Company compared to
S&P 500 Index 
 Example 1: If after the Performance Period the S&P 500 Index had a Total Shareholder Return of 10%
and DHI had a Total Shareholder Return of 10% then the ranking payout on this TSR Performance Goal would be equal to the Target RSUs of             . 

Example 2: If after the Performance Period the S&P 500 Index had a Total Shareholder Return of 10% and DHI had a Total Shareholder
Return of 5% then the ranking payout on this TSR Performance Goal would equal to              RSUs. 
 Example 3: If after the Performance Period the S&P 500 Index had a Total Shareholder Return of 10% and DHI had a Total Shareholder Return of 14% then the ranking payout on this TSR
Performance Goal would equal to              RSUs. 
 Example 4:
If after the Performance Period the S&P 500 Index had a Total Shareholder Return of 10% and DHI had a Total Shareholder Return of 20% then the ranking payout on this TSR Performance Goal would equal to
             RSUs. 
 Example 5: If after the Performance
Period the S&P 500 Index had a Total Shareholder Return of -5% and DHI had a Total Shareholder Return of -5% then the ranking payout on this TSR Performance Goal would equal to
             RSUs (equal to Target). 
 Example 6: If after the
Performance Period the S&P 500 Index had a Total Shareholder Return of -4% and DHI had a Total Shareholder Return of -6% then the ranking payout on this TSR Performance Goal would equal to
             RSUs. 
 Example 7: If after the Performance
Period the S&P 500 Index had a Total Shareholder Return of -1% and DHI had a Total Shareholder Return of 0% (flat) then the ranking payout on this TSR Performance Goal would equal to
             RSUs. 
 Example 8: If after the Performance
Period the S&P 500 Index had a Total Shareholder Return of -1% and DHI had a Total Shareholder Return of 1% then the ranking payout on this TSR Performance Goal would equal to
             RSUs. 

  
 A-1

 EXHIBIT B 
 MEMBERS OF HOMEBUILDING PEER GROUP 
 Peer Group for Operating Performance Metrics (ROI,
SG&A and GP): 
  

			
	Beazer Homes USA	  	Meritage Homes Corp
	Hovnanian Enterprises	  	NVR, Inc.
	KB Home	  	Pulte Homes
	Lennar Corporation	  	Ryland Group
	M.D.C. Holdings	  	Toll Brothers

 Total of ten companies in Homebuilder Peer Group related to ROI, SG&A and GP (eleven including the Company (DHI)).

  

  
 B-1

 EXHIBIT C 
 EXAMPLES OF FINAL RANKING CALCULATIONS 
 (to follow) 

  
 C-1Summary of Executive Compensation Notification - Other Executive Officers

 Exhibit 10.4 

Summary of Executive Compensation Notification 
 Other Executive Officers 
 2012 Fiscal Year Compensation of Certain Other Named
Executive Officers. 
 The Board of Directors also established and approved the 2012 fiscal year annual base salaries of our
other named executive officers. The salaries and other compensation approved are as set forth below in Table II. 
  

							
	Table II	  		  		  	
	Name	  	 Office
	  	 Annual Base Salary

(2012 Fiscal Year)
	  	 Discretionary

Bonus Plan

(2012 Fiscal Year)

	Bill W. Wheat	  	 Executive Vice
 President and
CFO
	  	$250,000	  	See Note II
	Stacey H. Dwyer	  	 Executive Vice
 President
and
 Treasurer
	  	$250,000	  	See Note II

 Note II: 
 The Board of Directors may award discretionary bonuses to the executives listed in Table II above based on the performance of these executives. In addition, Mr. Wheat and Ms. Dwyer may
participate in two separate deferred compensation plans. The first plan allows the executive to make voluntary income deferrals. The second plan is a promise by the Company to pay retirement benefits to the executive. Furthermore, if the executive
is employed by the Company on the last day of the current fiscal year (for example September 30, 2012), then the Company will establish a liability to him or her equal to 10% of his or her annual base salary as of first day of the current
fiscal year (for example October 1, 2011). This liability will accrue earnings in future years at a rate established by the administrative committee.

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