Document:

Exhibit 10.48

Exhibit 10.48

Amendments

to

FedEx Corporation

1993, 1995, 1997, 1999 and 2002 Stock Incentive Plans,

2001 Restricted Stock Plan

and

Incentive Stock Plan

1993 Stock Incentive Plan

Paragraph 13 of the FedEx Corporation 1993 Stock Incentive Plan, as amended, is hereby amended
by:

(1) Deleting the first sentence of such paragraph and replacing it with the following:

“(a) Changes in Capital.

(1) Mandatory Adjustments. In the event of an “equity restructuring” (as such
term is defined in Financial Accounting Standards Board Accounting Standards Codification
Topic 718, “Compensation — Stock Compensation”), including any stock dividend, stock
split, spin-off, rights offering, or large nonrecurring cash dividend, the authorization
limit under paragraph 2 shall be adjusted proportionately, and the Committee shall make
such adjustments to the Plan and outstanding options as it deems necessary or appropriate,
in its sole discretion, to prevent dilution or enlargement of benefits or potential
benefits intended to be made available under the Plan, including: (A) adjustment of the
number and kind of shares or securities that may be issued under the Plan; (B) adjustment
of the number and kind of shares or securities subject to outstanding options; (C)
adjustment of the exercise price of outstanding options; and (D) any other adjustments that
the Committee determines to be equitable. Notwithstanding the foregoing, the Committee
shall not make any adjustments to outstanding options to the extent that it causes such
options to provide for a deferral of compensation subject to Section 409A of the Code
(including any applicable regulations and other guidance issued thereunder). Without
limiting the foregoing, in the event of a subdivision of the outstanding Common Stock (a
stock split), a dividend payable in shares of Common Stock, or a combination or
consolidation of the outstanding Common Stock into a lesser number of shares, the
authorization limit under paragraph 2 shall automatically be adjusted proportionately, and
the shares then subject to each outstanding option shall automatically, without the
necessity for any additional action by the Committee, be adjusted proportionately without
any change in the aggregate exercise price therefor.

 

 

 

(2) Discretionary Adjustments. Upon the occurrence or in anticipation of any
share combination, exchange or reclassification, recapitalization, merger, consolidation or
other corporate reorganization affecting the Common Stock, or any transaction described
in paragraph 13(a)(1), in addition to any of the actions described in paragraph
13(a)(1), the Committee may, in its sole discretion, provide: (A) that options will become
immediately vested and exercisable and will expire after a designated period of time to the
extent not then exercised; (B) that options will be equitably converted, adjusted or
substituted in connection with such transaction; (C) that outstanding options may be settled
by payment in cash or cash equivalents equal to the excess of the fair market value of the
underlying shares as of a specified date associated with the transaction, over the exercise
price of the option; or (D) any combination of the foregoing. The Committee’s determination
need not be uniform and may be different for different optionees whether or not such
optionees are similarly situated.

(3) No Fractional Shares, etc.. After giving effect to any adjustment pursuant
to the provisions of this paragraph 13(a), the number of shares subject to any option shall
always be a whole number, unless otherwise determined by the Committee. Any discretionary
adjustments made pursuant to the provisions of this paragraph 13(a) shall be subject to the
provisions of paragraph 15. To the extent any adjustments made pursuant to this paragraph
13(a) cause incentive stock options to cease to qualify as incentive stock options, such
options shall be deemed to be non-qualified stock options.”

and

(2) Designating the remainder of such paragraph as “(b) Change in Control.”

1995, 1997, 1999 and 2002 Stock Incentive Plans

Each of paragraph 13(a) of the FedEx Corporation 1995 Stock Incentive Plan, as amended, 1999
Stock Incentive Plan, as amended, and 2002 Stock Incentive Plan, as amended, and paragraph 14(a) of
the FedEx Corporation 1997 Stock Incentive Plan, as amended, is hereby amended to read in its
entirety as follows:

“(a) Changes in Capital.

(1) Mandatory Adjustments. In the event of an “equity restructuring” (as such
term is defined in Financial Accounting Standards Board Accounting Standards Codification
Topic 718, “Compensation — Stock Compensation”), including any stock dividend, stock split,
spin-off, rights offering, or large nonrecurring cash dividend, the authorization limits
under paragraphs 2 and 5 shall be adjusted proportionately, and the Committee shall make
such adjustments to the Plan and outstanding options as it deems necessary or appropriate,
in its sole discretion, to prevent dilution or enlargement of benefits or potential benefits
intended to be made available under the Plan, including: (A) adjustment of the number and
kind of shares or securities that may be issued under the Plan; (B) adjustment of the number
and kind of shares or securities subject to outstanding options; (C) adjustment of the
exercise price of outstanding options; and (D) any other adjustments that the Committee
determines to be equitable. Notwithstanding the foregoing, the Committee shall not make any
adjustments to outstanding options to the extent that it causes such options to provide for
a deferral of compensation subject to Section 409A of the Code (including any applicable
regulations and other guidance issued thereunder). Without limiting the foregoing, in the
event of a subdivision of the
outstanding Common Stock (a stock split), a dividend payable in shares of Common Stock,
or a combination or consolidation of the outstanding Common Stock into a lesser number of
 shares, the authorization limits under paragraphs 2 and 5 shall automatically be adjusted
proportionately, and the shares then subject to each outstanding option shall automatically,
without the necessity for any additional action by the Committee, be adjusted
proportionately without any change in the aggregate exercise price therefor.

 

2

 

(2) Discretionary Adjustments. Upon the occurrence or in anticipation of any
share combination, exchange or reclassification, recapitalization, merger, consolidation or
other corporate reorganization affecting the common stock, or any transaction described in
paragraph 13(a)(1), in addition to any of the actions described in paragraph 13(a)(1), the
Committee may, in its sole discretion, provide: (A) that options will become immediately
vested and exercisable and will expire after a designated period of time to the extent not
then exercised; (B) that options will be equitably converted, adjusted or substituted in
connection with such transaction; (C) that outstanding options may be settled by payment in
cash or cash equivalents equal to the excess of the fair market value of the underlying
 shares as of a specified date associated with the transaction, over the exercise price of
the option; or (D) any combination of the foregoing. The Committee’s determination need not
be uniform and may be different for different optionees whether or not such optionees are
similarly situated. [Note: For purposes of the 1997 Stock Incentive Plan, as
amended, references to “paragraph 13(a)(1)” shall be replaced with “paragraph 14(a)(1).”]

(3) No Fractional Shares, etc.. After giving effect to any adjustment pursuant
to the provisions of this paragraph 13(a), the number of shares subject to any option shall
always be a whole number, unless otherwise determined by the Committee. Any discretionary
adjustments made pursuant to the provisions of this paragraph 13(a) shall be subject to the
provisions of paragraph 15. To the extent any adjustments made pursuant to this paragraph
13(a) cause incentive stock options to cease to qualify as incentive stock options, such
options shall be deemed to be non-qualified stock options.” [Note: For purposes of
the 1997 Stock Incentive Plan, as amended, references to “paragraph 13(a)” shall be replaced
with “paragraph 14(a)” and the reference to “paragraph 15” shall be replaced with “paragraph
16.”]

2001 Restricted Stock Plan

Paragraph 9(a) of the FedEx Corporation 2001 Restricted Stock Plan, as amended, is hereby
amended to read in its entirety as follows:

“(a) Changes in Capital.

(1) Mandatory Adjustments. In the event of an “equity restructuring” (as such
term is defined in Financial Accounting Standards Board Accounting Standards Codification
Topic 718, “Compensation — Stock Compensation”), including any stock dividend, stock split,
spin-off, rights offering, or large nonrecurring cash dividend, the authorization limit
under paragraph 2 shall be adjusted proportionately, and the Committee shall make such
adjustments to the Plan and shares of Common Stock awarded under the Plan that are subject
to restrictions as it deems necessary or
appropriate, in its sole discretion, to prevent dilution or enlargement of benefits or
potential benefits intended to be made available under the Plan, including: (A) adjustment
of the number and kind of shares or securities that may be issued under the Plan; (B)
adjustment of the number and kind of shares awarded under the Plan that are subject to
restrictions; and (C) any other adjustments that the Committee determines to be equitable.
Without limiting the foregoing, in the event of a subdivision of the outstanding Common
Stock (a stock split), a dividend payable in shares of Common Stock, or a combination or
consolidation of the outstanding Common Stock into a lesser number of shares, the
authorization limit under paragraph 2 shall automatically be adjusted proportionately, and
the shares then subject to restrictions under the Plan shall automatically, without the
necessity for any additional action by the Committee, be adjusted proportionately.

 

3

 

(2) Discretionary Adjustments. Upon the occurrence or in anticipation of any
share combination, exchange or reclassification, recapitalization, merger, consolidation or
other corporate reorganization affecting the Common Stock, or any transaction described in
paragraph 9(a)(1), in addition to any of the actions described in paragraph 9(a)(1), the
Committee may, in its sole discretion, provide: (A) shares subject to restrictions under
the Plan will become immediately vested; (B) that shares awarded under the Plan that are
subject to restrictions will be equitably converted, adjusted or substituted in connection
with such transaction; or (C) any combination of the foregoing. The Committee’s
determination need not be uniform and may be different for different participants whether or
not such participants are similarly situated.

(3) No Fractional Shares, etc.. After giving effect to any adjustment pursuant
to the provisions of this paragraph 9(a), the number of shares subject to any award
hereunder shall always be a whole number, unless otherwise determined by the Committee. Any
discretionary adjustments made pursuant to the provisions of this paragraph 9(a) shall be
subject to the provisions of paragraph 12.”

2002 Stock Incentive Plan

(1) Paragraph 2 of the FedEx Corporation 2002 Stock Incentive Plan, as amended, is hereby
amended by deleting the second sentence thereof and replacing it with the following:

“The following share counting rules shall apply to the Plan:

(a) The number of shares of Common Stock covered by an option shall be subtracted from
the Plan share reserve as of the grant date.

(b) To the extent an option is cancelled, terminates, expires, is forfeited or lapses
for any reason (in whole or in part), any unissued or forfeited shares of Common Stock
subject to the option shall be added back to the Plan share reserve and available again for
issuance pursuant to options granted under the Plan.

 

4

 

(c) Shares of Common Stock withheld or deducted from an option by the Corporation to
satisfy tax withholding requirements shall not be added back to the Plan share reserve and
shall not again be available for issuance pursuant to options granted
under the Plan. Shares of Common Stock delivered by an optionee to the Corporation to
satisfy tax withholding requirements shall not be added back to the Plan share reserve and
shall not again be available for issuance pursuant to options granted under the Plan.

(d) To the extent that the full number of shares of Common Stock subject to an option
is not issued upon exercise of such option for any reason, including by reason of a net
settlement or net exercise, then all shares that were covered by the exercised option shall
not be added back to the Plan share reserve and shall not again be available for issuance
pursuant to options granted under the Plan.

(e) If the exercise price of an option is satisfied by delivering shares of Common
Stock to the Corporation (by either actual delivery or attestation), such shares shall not
be added to the Plan share reserve and shall not be available for issuance pursuant to
options granted under the Plan.

(f) Shares of Common Stock repurchased on the open market with the proceeds of an
option exercise shall not be added to the Plan share reserve and shall not be available for
issuance pursuant to options granted under the Plan.”

and

(2) Effective with respect to options granted on and after July 11, 2010, paragraph 6(b) of
the FedEx Corporation 2002 Stock Incentive Plan, as amended, is hereby amended by deleting “Unless
otherwise determined by the Committee,” and capitalizing “each.”

Incentive Stock Plan

(1) Paragraph 6(c) of the FedEx Corporation Incentive Stock Plan, as amended, is hereby
amended to read in its entirety as follows:

“(c) Share Counting.

(1) The number of shares of Common Stock covered by an Award shall be subtracted from
the Plan share reserve as of the grant date.

(2) To the extent an Award is cancelled, terminates, expires, is forfeited or lapses
for any reason (in whole or in part), any unissued or forfeited shares of Common Stock
subject to the Award shall be added back to the Plan share reserve and available again for
issuance pursuant to Awards granted under the Plan.

(3) Shares of Common Stock withheld or deducted from an Award by the Company to satisfy
tax withholding requirements relating to Stock Options shall not be added back to the Plan
share reserve and shall not again be available for issuance pursuant to Awards granted under
the Plan, but shares of Common Stock withheld or deducted by the Company to satisfy tax
withholding requirements relating to a Restricted Stock Award shall be added back to the
Plan share reserve and available again for issuance pursuant to Awards granted under the
Plan. Shares delivered by a Participant to the Company to satisfy tax withholding
requirements shall be treated in the same way as
 shares withheld or deducted from an Award as specified above for purposes of share
counting under this Section 6(c).

 

5

 

(4) To the extent that the full number of shares of Common Stock subject to a Stock
Option is not issued upon exercise of such Stock Option for any reason, including by reason
of a net settlement or net exercise, then all shares that were covered by the exercised
Stock Option shall not be added back to the Plan share reserve and shall not again be
available for issuance pursuant to Awards granted under the Plan.

(5) If the exercise price of a Stock Option is satisfied by delivering shares of Common
Stock to the Company (by either actual delivery or attestation), such shares shall not be
added to the Plan share reserve and shall not be available for issuance pursuant to Awards
granted under the Plan.

(6) Shares of Common Stock repurchased on the open market with the proceeds of a Stock
Option exercise shall not be added to the Plan share reserve and shall not be available for
issuance pursuant to Awards granted under the Plan.”

(2) Effective with respect to stock options granted on or after July 11, 2010, the first
sentence of Section 9(c)(2) of the FedEx Corporation Incentive Stock Plan, as amended, is hereby
amended by deleting “Unless otherwise determined by the Committee,” and capitalizing “each.”

(3) Section 14 of the FedEx Corporation Incentive Stock Plan, as amended, is hereby amended to
read in its entirety as follows:

“14. Changes in Capitalization

(a) Mandatory Adjustments. In the event of an “equity restructuring” (as such
term is defined in Financial Accounting Standards Board Accounting Standards Codification
Topic 718, “Compensation — Stock Compensation”), including any stock dividend, stock split,
spin-off, rights offering, or large nonrecurring cash dividend, the authorization limits
under Sections 6(a), 6(b) and 9(a) shall be adjusted proportionately,
and the Committee shall make such adjustments to the Plan and outstanding Awards as it deems
necessary or appropriate, in its sole discretion, to prevent dilution or enlargement of
benefits or potential benefits intended to be made available under the Plan, including: (a)
adjustment of the number and kind of shares or securities that may be issued under the Plan;
(b) adjustment of the number and kind of shares or securities subject to outstanding Awards;
(c) adjustment of the exercise price of outstanding Stock Options; and (d) any other
adjustments that the Committee determines to be equitable. Notwithstanding the foregoing,
the Committee shall not make any adjustments to outstanding Stock Options to the extent that
it causes such Stock Options to provide for a deferral of compensation subject to Code
Section 409A (including any applicable regulations and other guidance issued thereunder).
Without limiting the foregoing, in the event of a subdivision of the outstanding Common Stock
(a stock split), a dividend payable in shares of Common Stock, or a combination or
consolidation of the outstanding Common Stock into a lesser number of shares, the
authorization limits under Sections 6(a), 6(b) and 9(a) shall
automatically be adjusted proportionately, and the shares of Common Stock then subject
to each outstanding Award shall automatically, without the necessity for any additional
action by the Committee, be adjusted proportionately without any change in the aggregate
exercise price therefor.

 

6

 

(b) Discretionary Adjustments. Upon the occurrence or in anticipation of any
share combination, exchange or reclassification, recapitalization, merger, consolidation or
other corporate reorganization affecting the Common Stock, or any transaction described in
Section 14(a), in addition to any of the actions described in Section 14(a),
the Committee may, in its sole discretion, provide: (a) that Awards will become immediately
vested and exercisable and will expire after a designated period of time to the extent not
then exercised; (b) that Awards will be equitably converted, adjusted or substituted in
connection with such transaction; (c) that outstanding Stock Options may be settled by
payment in cash or cash equivalents equal to the excess of the fair market value of the
underlying shares of Common Stock as of a specified date associated with the transaction,
over the exercise price of the Stock Option; or (d) any combination of the foregoing. The
Committee’s determination need not be uniform and may be different for different Participants
whether or not such Participants are similarly situated.

(c) No Fractional Shares, etc.. After giving effect to any adjustment pursuant
to the provisions of this Section 14, the number of shares of Common Stock subject to
any Award shall always be a whole number, unless otherwise determined by the Committee. Any
discretionary adjustments made pursuant to the provisions of this Section 14 shall be
subject to the provisions of Section 16. To the extent any adjustments made pursuant
to this Section 14 cause Incentive Stock Options to cease to qualify as Incentive
Stock Options, such Stock Options shall be deemed to be Non-Qualified Options.”

Approved by the Compensation Committee on July 11, 2010

 

7Exhibit 10.50

Exhibit 10.50

Compensation Arrangements with Named Executive Officers

Base Salaries

The following table sets forth the annual base salaries of FedEx’s named executive officers:

	 	 	 	 	 
	Name and	 	 	 
	Current Position	 	Base Salary	 
	 
	Frederick W. Smith 
	 	$	1,236,060	 
	Chairman, President and

Chief Executive Officer
	 	 	 	 
	 
	 	 	 	 
	Alan B. Graf, Jr.
	 	$	872,256	 
	Executive Vice President and

Chief Financial Officer
	 	 	 	 
	 
	 	 	 	 
	David J. Bronczek 
	 	$	910,236	 
	President and Chief Executive 
Officer —
FedEx Express
	 	 	 	 
	 
	 	 	 	 
	T. Michael Glenn
	 	$	805,188	 
	Executive Vice President,

Market Development and

Corporate Communications
	 	 	 	 
	 
	 	 	 	 
	Robert B. Carter 
	 	$	737,160	 
	Executive Vice President,

FedEx Information Services and

Chief Information Officer
	 	 	 	 

Mr. Smith’s base salary is effective as of July 16, 2010. The base salaries of the other
named executive officers are effective as of July 1, 2010.

Fiscal 2011 Annual Incentive Compensation Program

Chairman, President and Chief Executive Officer

Frederick W. Smith’s fiscal 2011 annual bonus will be based on the achievement of corporate
objectives for consolidated pre-tax income for fiscal 2011. The independent members of the Board
of Directors, upon the recommendation of the Compensation Committee, may adjust Mr. Smith’s bonus
amount upward or downward based on their annual evaluation of Mr. Smith’s performance, including
the quality and effectiveness of his leadership and the following corporate performance measures:

	 	•	 	FedEx’s stock price performance relative to the Standard & Poor’s 500 Composite
Index, the Dow Jones Transportation Average, the Dow Jones Industrial Average and
competitors;
	 
	 	•	 	FedEx’s stock price to earnings (P/E) ratio relative to the Standard & Poor’s 500
Composite Index, the Dow Jones Industrial Average and competitors;
	 
	 	•	 	FedEx’s market capitalization;

 

 

 

	 	•	 	FedEx’s revenue and operating income growth relative to competitors;
	 
	 	•	 	FedEx’s free cash flow (excluding business acquisitions), return on invested capital
(excluding certain unusual items), and weighted average cost of capital;
	 
	 	•	 	Analyst coverage and ratings for FedEx’s stock;
	 
	 	•	 	FedEx’s U.S. and international revenue market share;
	 
	 	•	 	FedEx’s reputation rankings by various publications and
surveys; and
	 
	 	•	 	FedEx’s restoration of remaining company matching
contributions for 401(k) program.

None of these factors will be given any particular weight in determining whether to adjust Mr.
Smith’s bonus amount.

Mr. Smith’s annual bonus target for fiscal 2011 is 130% of his annual base salary (at fiscal
year-end), with a maximum payout of 300% of his target bonus.

Non-CEO Named Executive Officers

The fiscal 2011 annual bonus target payouts for the non-CEO named executive officers, as a
percentage of annual base salary (at fiscal year-end), are as follows:

	 	 	 	 	 
	Name	 	Target Payout	 
	 
	 	 	 	 
	Alan B. Graf, Jr.
	 	 	90	%
	David J. Bronczek 
	 	 	100	%
	T. Michael Glenn
	 	 	90	%
	Robert B. Carter
	 	 	90	%

The maximum payout for each executive is 240% of his target bonus.

The fiscal 2011 annual bonus for the non-CEO named executive officers will be based on:

	 	•	 	the achievement of individual objectives established at the beginning of the fiscal
year for each executive (30% of each executive’s target bonus); and
	 
	 	•	 	the achievement of corporate objectives for consolidated pre-tax income for fiscal
2011 (70% of each executive’s target bonus).

The annual bonus payout opportunity relating to individual performance will be partially
contingent upon achievement of consolidated pre-tax income objectives under the bonus plan (as well
as achievement of the individual performance objectives). Mr. Smith will determine the achievement
level of each executive’s individual objectives at the conclusion of fiscal 2011.

The annual bonus payout opportunity relating to company financial performance ranges, on a
sliding scale, from a minimum amount if the annual bonus plan’s pre-established consolidated
pre-tax income threshold is achieved up to a maximum amount if such financial performance goal is
substantially exceeded. Ordinarily, our business plan objective for consolidated pre-tax income is
the target under the annual bonus plan. For fiscal 2011, however, the annual bonus plan’s
consolidated pre-tax income target and even the threshold for the portion of the payout opportunity
relating to company financial performance are higher than the business plan objective for
consolidated pre-tax income.

 

2 

 

Long-Term Incentive Program

FedEx’s long-term incentive (“LTI”) plans for the three-fiscal-year periods 2009 through 2011,
2010 through 2012 and 2011 through 2013, provide long-term cash bonus opportunities to members of
upper management, including the named executive officers, upon the conclusion of fiscal 2011, 2012
and 2013, respectively, if certain aggregate fully diluted earnings per share (“EPS”) goals
established by the Board of Directors are achieved with respect to those periods. No amounts can
be earned for the fiscal 2009 through 2011, 2010 through 2012 and 2011 through 2013 plans until
2011, 2012 and 2013, respectively, because achievement of the EPS goals can only be determined
following the conclusion of the applicable three-fiscal-year period.

Traditionally, the base-year number over which the three-year average annual EPS growth rate
goals are measured for an LTI plan is the final full-year EPS of the preceding fiscal year. For
the fiscal 2010 through 2012 LTI plan, an adjusted base-year number ($2.93) was used rather than
the final fiscal 2009 EPS. This adjusted base-year number was set so that 12.5% growth from the
number would equal the fiscal 2010 business plan EPS goal.

The following table sets forth the potential future payouts to each of FedEx’s named executive
officers under FedEx’s LTI plans:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Potential Future Payouts	 
	 	 	Performance	 	 	Threshold	 	 	Target	 	 	Maximum	 
	Name	 	Period	 	 	($)	 	 	($)	 	 	($)	 
	 
	Frederick W. Smith
	 	FY2009–FY2011	 	 	875,000	 	 	 	3,500,000	 	 	 	5,250,000	 
	 
	 	FY2010–FY2012	 	 	875,000	 	 	 	3,500,000	 	 	 	5,250,000	 
	 
	 	FY2011–FY2013	 	 	875,000	 	 	 	3,500,000	 	 	 	5,250,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Alan B. Graf, Jr.
	 	FY2009–FY2011	 	 	300,000	 	 	 	1,200,000	 	 	 	1,800,000	 
	 
	 	FY2010–FY2012	 	 	300,000	 	 	 	1,200,000	 	 	 	1,800,000	 
	 
	 	FY2011–FY2013	 	 	300,000	 	 	 	1,200,000	 	 	 	1,800,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	David J. Bronczek
	 	FY2009–FY2011	 	 	375,000	 	 	 	1,500,000	 	 	 	2,250,000	 
	 
	 	FY2010–FY2012	 	 	375,000	 	 	 	1,500,000	 	 	 	2,250,000	 
	 
	 	FY2011–FY2013	 	 	375,000	 	 	 	1,500,000	 	 	 	2,250,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	T. Michael Glenn
	 	FY2009–FY2011	 	 	300,000	 	 	 	1,200,000	 	 	 	1,800,000	 
	 
	 	FY2010–FY2012	 	 	300,000	 	 	 	1,200,000	 	 	 	1,800,000	 
	 
	 	FY2011–FY2013	 	 	300,000	 	 	 	1,200,000	 	 	 	1,800,000	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Robert B. Carter
	 	FY2009–FY2011	 	 	300,000	 	 	 	1,200,000	 	 	 	1,800,000	 
	 
	 	FY2010–FY2012	 	 	300,000	 	 	 	1,200,000	 	 	 	1,800,000	 
	 
	 	FY2011–FY2013	 	 	300,000	 	 	 	1,200,000	 	 	 	1,800,000	 

The potential individual future payouts set forth in the table above are set dollar amounts
ranging from threshold (minimum) amounts, if the EPS goal achieved is less than target, up to
maximum amounts, if the plan goal is substantially exceeded. There can be no assurance that the
potential future payouts shown in this table will be achieved.

 

3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}]]