Document:

Long Term Incentive Plan

 Exhibit 10.1 
 ICT Group, Inc. Long-Term Incentive Plan 
  

	1.	Plan Objective 

 The ICT Group, Inc. Long-Term Incentive Plan is
designed to encourage results-oriented actions on the part of identified senior managers of ICT Group, Inc. (the “Company”). The Plan is intended to align closely financial rewards to managers with the achievement of specific performance
objectives by the Company. 
  

	2.	Definitions 

 (a)
“Administrator” shall mean the Committee, with respect to Officers, and the Chief Executive Officer (“CEO”) or an individual or committee to whom authority has been delegated, as applied to all other employees. 

(b) “Award” shall mean the incentive award earned by a Participant under the Plan for a Performance Period, if any.

 (c) “Award Agreement” shall mean a written document issued by the Administrator to a Participant that describes
the Award to be paid by the Company to the Participant. 
 (d) “Code” shall mean the Internal Revenue Code of 1986,
as amended and the regulations promulgated thereunder. 
 (e) “Committee” shall mean the Compensation Committee of
the Board of Directors of the Company. 
 (f) “Company” shall mean ICT Group, Inc., a Pennsylvania corporation.

 (g) “Common Stock” shall mean common stock of the Company, par value $.01 per share. 
 (h) “Fair Market Value” shall mean, with respect to a given day, (i) the closing sales price of a Share as reported on the
principal securities exchange on which Shares are then listed or admitted to trading, or (ii) if not so reported, the closing sales price on the immediately preceding business day of a Share as published in the NASDAQ National Market Issues
report in the Eastern Edition of the Wall Street Journal, or (iii) if not so reported, the average of the closing bid and asked prices on the immediately preceding business day as reported on the NASDAQ National Market System, or
(iv) if not so reported, as furnished by any member of the National Association of Securities Dealers, Inc. selected by the Committee; provided, however, that to the extent applicable, all determinations of Fair Market Value shall be
made in a manner consistent with the requirements of section 409A of the Code. 
  

 -1- 

 (i) “Officer” shall mean an employee who is a “covered employee” of the
Company for purposes of section 162(m) of the Code (as defined in Treas. Regulation § 1.162 – 27(a)(2) or successor regulations of comparable intent). 
 (j) “Participant” shall mean senior managers of the Company designated by the Administrator as eligible to participate in the Plan for a Performance Period. 
 (k) “Performance Goals” shall mean the specific performance objectives established by the Administrator for a Performance Period
in accordance with Section 5 which may include threshold, target and maximum levels for each performance objective. 
 (l)
“Performance Period” shall mean, unless the Administrator determines otherwise, a period of three calendar years beginning on January 1 of the first calendar year and ending on December 31 of the third calendar year.

 (m) “Plan” shall mean the ICT Group, Inc. Long-Term Incentive Plan, as set forth herein and as may be amended from
time to time. 
 (n) “Share” shall mean a share of Common Stock of the Company, to be issued pursuant to the terms
and conditions of the Company’s 2006 Equity Compensation Plan (or a successor shareholder-approved plan of comparable intent). 
 (o) “Stock Unit” shall mean a unit that represents the right to receive a Share on a future date pursuant to the terms and conditions of the Company’s 2006 Equity Compensation Plan (or a successor
shareholder-approved plan of comparable intent). 
 (p) “Target Award” shall have the meaning as defined in
Section 5 below. 
  

	3.	Eligibility 

 All senior management employees of the Company and its
subsidiaries who are identified by the Committee are eligible to participate in the Plan. The Administrator shall designate the senior management employees who shall participate in the Plan for each Performance Period. 
  

	4.	Administration 

 (a) The Plan shall be
administered by the Committee, which shall set overall goals and assess the ongoing effectiveness of the Plan. With respect to employees who are Officers of the Company, the Committee shall make all operative determinations. However, if so delegated
by the Committee, the Plan shall be administered by the CEO with respect to all other employees. With the consent of the Committee, the CEO may delegate his authority to administer the Plan to an individual or other committee. The Committee
shall be comprised of at least two outside directors, as that term is defined in section 162(m) of the Code. 
 (b) The Administrator
shall have full power and authority to establish the rules and regulations relating to the Plan, to interpret the Plan and those rules and regulations, to select Participants for the Plan, to determine each Participant’s Target Award,
Performance Goals and actual Award, to make all factual and other determinations in connection with the Plan, and to take all other actions necessary or appropriate for the proper administration of the Plan, including the 

  

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delegation of such authority or power, where appropriate. Only the Committee shall take the foregoing actions with respect to Officers. 
 (c) All powers of the Administrator shall be executed in its sole discretion, in the best interest of the Company, not as a fiduciary, and in
keeping with the objectives of the Plan and need not be uniform as to similarly situated individuals. The Administrator’s administration of the Plan, including all such rules and regulations, interpretations, selections, determinations,
approvals, decisions, delegations, amendments, terminations and other actions, shall be final and binding on the Company and all employees of the Company, including the Participants and their respective beneficiaries. No member of the Committee
shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan. 
  

	5.	Target Awards and Performance Goals 

 (a)
LTIP Performance Awards 
 (i) At the beginning of each Performance Period as designated by the Administrator,
the Administrator shall establish for each Participant a Target Award, which shall be expressed as a percentage of base salary. Target Awards will be based on a number of factors, including, but not limited to, (i) market competitiveness of the
position, (ii) job level, (iii) base salary level, (iv) past individual performance, and (v) expected contribution to future Company performance and business impact. The Administrator shall also establish for each Officer a
maximum Award that may be paid for the Performance Period. The maximum amount for Officers shall remain fixed for the entire Performance Period. 
 (ii) At the beginning of each Performance Period, the Administrator shall establish for each Participant Performance Goals that must be met in order for an Award to be payable for the Performance Period. The
Administrator shall establish in writing: (i) the Performance Goals that must be met, (ii) the threshold, target and maximum amounts that may be paid if the applicable Performance Goals are met, and (iii) any other conditions that the
Administrator deems appropriate and consistent with the Plan and, in the case of Officers, in compliance with section 162(m) of the Code. The Administrator shall establish objective Performance Goals for each Participant related to the
Participant’s business unit or the performance of the Company and its parents, subsidiaries and affiliates as a whole, or any combination of the foregoing. The Administrator shall notify each Participant of his or her Target Award and the
Performance Goals for the Performance Period. 
 (iii) The objectively determinable Performance Goals shall be based on
one or more of the following criteria related to the Participant’s business unit or the performance of the Company and its parents, subsidiaries and affiliates as a whole, or any combination of the foregoing: EBT (earnings before tax), earnings
per share, EBITDA (earnings before interest, taxes, depreciation and amortization), net earnings, operating or other earnings, profits, revenues, net cash flow, financial return ratios, return on assets, stock price, shareholder return, return on
equity, growth in assets, unit volume, sales or market share. 
 (iv) For Officers, the Administrator must establish
the Target Awards and Performance Goals no later than the earlier of (i) 90 days after the beginning of the Performance Period or (ii) the date on which 25% of the Performance Period has been completed, or such other date as may be
required or permitted under applicable regulations under section 162(m) of the Code. 

  

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The Performance Goals for each Officer for each Performance Period are intended to satisfy the requirements for “qualified performance-based
compensation” under section 162(m) of the Code, including the requirement that the achievement of the Performance Goals be substantially uncertain at the time they are established and that the Performance Goals be established in such a way that
a third party with knowledge of the relevant facts could determine whether and to what extent the Performance Goals have been met and the amount of the Award payable to the Participant under the Plan, if any.  
 (v) Each Participant will earn an Award for a Performance Period based on the level of achievement of the Performance Goals
established by the Administrator. The Administrator shall have the discretion to interpolate between threshold, target and maximum levels to determine the level of achievement of the Performance Goals and the amount of the corresponding award for
achievement of the Performance Goals. 
 (vi) The maximum Award that may be paid to an Officer for a Performance Period
shall not exceed $5 million. The Administrator may establish a lower maximum Award for an Officer as it deems necessary or appropriate.  
 (b) Performance – Vested RSU Grants 
 (i) Notwithstanding the provisions of subsection
(a) above, the Committee may award grants under this Plan in the form of Shares or Stock Units which vest only with reference to Performance Goals (“Performance-Vested RSU Grants”) as described in subsection (a); provided, however,
that the specific Performance Goals applicable to particular Performance-Vested RSU Grants need not be identical to the specific Performance Goals applicable to grants made under subsection (a). 
 (ii) Except as may be otherwise provided in the relevant Performance-Vested RSU Grant instrument, all Performance-Vested RSU Grants
shall be subject to the terms and conditions of subsection (a); provided, however, that as to Officers, no provision contained in such grant instrument shall be inconsistent with the intended treatment of Performance-Vested RSU Grants as
“qualified performance-based compensation” under section 162(m) of the Code. 
  

	6.	Payment of Incentive Awards 

 (a) All Awards
shall be subject to the terms and conditions set forth herein and to such other terms and conditions consistent with the Plan as the Administrator deems appropriate and as are specified in writing by the Administrator to the individual in the Award
Agreement. 
 (b) The Committee shall approve the form of each Award. Except as to Performance-Vested RSU Grants (which shall be
issued in the form of shares or stock units), the Committee shall have the discretion to determine to pay part, or all, of the Award in cash, in Shares or in Stock Units, or in some combination thereof. 
 (c) The Administrator shall certify and announce to the Participants the Awards that will be paid by the Company as soon as practicable following
the final determination of the Company’s financial results for the Performance Period. Payment of the Awards certified by the Administrator shall be made in cash, Stock Units, or a combination of cash and Stock Units, as soon as practicable
following the close of the Performance Period, but in any event within two and one-half months after 

  

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the close of the Performance Period. As to Officers, prior to the payment of any Award under the Plan, the Administrator shall certify in writing that the
Performance Goals and other material terms have been met. 
 (d) The portion of a Participant’s Award that the Committee
determines shall be paid in Stock Units, if any, shall be equal to the result of dividing (i) the amount of the Award to be converted to Stock Units divided by (ii) the Fair Market Value of a Share as of the Award date. All Stock Units
awarded under the Plan will vest according to the schedule determined by the Committee on the date of the Award and set forth in the Participant’s Award Agreement. Except as otherwise provided in this Plan or in the relevant Participant’s
Award Agreement or in the Participant’s employment agreement, if any, with the Company, if a Participant incurs a Separation from Service prior to fully vesting in his or her Stock Units, the unvested Stock Units shall be immediately forfeited.
Notwithstanding any contrary provision of this Plan, all unvested Stock Units shall fully vest and become nonforfeitable in the event of (i) the Participant’s death or Disability; (ii) the Participant’s retirement after attaining
the combined age and years of service as may be determined by the Committee from time to time to constitute retirement; or (iii) consummation of a transaction constituting a Change in Control (whether or not the relevant Participant’s
employment is terminated). If not otherwise defined in this Plan or in the Award Agreement, capitalized terms used in subsections (d) and (f) shall have the meaning set forth in the Participant’s employment agreement; however, if the
Participant does not have an employment agreement or the Participant’s employment agreement does not define these terms then they shall have the meanings set forth in the 1996 Equity Compensation Plan (or any successor thereto) or in the
relevant Award Agreement. 
 (e) To the extent permitted by the Committee in its sole discretion, participants may elect to defer
amounts payable or distributable under the Plan to the ICT Group Non-Qualified Executive Retirement Plan or any successor thereto (the “Non-Qualified Plan”). The Committee shall have the authority to amend the Non-Qualified Plan as the
Committee deems necessary or appropriate in order to coordinate the provisions of the Non-Qualified Plan with this Plan. 
 (f) Unless
otherwise determined by the Committee, participants must be employed on the day an Award is paid to be eligible for such Award. Participants who terminate employment prior to the last day of the Performance Period will not be eligible for any
Award payment for that Performance Period, except as the Administrator may otherwise determine. Notwithstanding the above, in the event of the occurrence of any of the events described in subsection d(i) (death or Disability); d(iii) (retirement) or
d(iv) (Change in Control), the Participant’s rights under this Plan and under the Participant’s Award Agreement shall be determined as if the Participant had remained employed by the Company through the last day of the Performance Period
and had achieved attainment of the applicable performance criteria for each year of the Performance Period at the same level as was attained for the most recent full year within the Performance Period (with the result that there must be at least the
full year of performance results within the applicable Performance Period in order for the Participant to obtain a benefit under the provision). In addition, in the event of the Participant’s termination of employment by the Company without
Cause, the Participant’s entitlement to a benefit under this Plan and under the Participant’s Award Agreement shall be determined as if the Participant were employed through the last day of the year during the Performance Period in which
the termination of employment occurs, and the performance attainment level deemed achieved for that year shall be equal to the level attained in the immediately prior full performance year, provided, however, that the termination without Cause must
occur in the fourth quarter of the last year of the Performance Period in order for the Participant to obtain a benefit under this provision. 
  

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 (g) The Administrator may establish appropriate terms and conditions to accommodate newly hired
and promoted employees, consistent, in the case of Officers, with section 162(m) of the Code. 
  

	7.	Changes to Performance Goals and Target Awards 

 At any time prior
to the final determination of Awards for Participants other than Officers, the Administrator may adjust the Performance Goals and Target Awards to reflect a change in corporate capitalization (such as a stock split or stock dividend), or a corporate
transaction (such as a merger, consolidation, separation, reorganization or partial or complete liquidation), or to reflect equitably the occurrence of any extraordinary event, any change in applicable accounting rules or principles, any change in
the Company’s method of accounting, any change in applicable law, any change due to any merger, consolidation, acquisition, reorganization, stock split, stock dividend, combination of shares or other changes in the Company’s corporate
structure or shares, or any other change of a similar nature. The Administrator may make the foregoing adjustments with respect to Officers’ Awards to the extent the Administrator deems appropriate, considering the requirements of section
162(m) of the Code. 
  

	8.	Amendments and Termination 

 (a) The Company
may at any time amend or terminate the Plan by action of the Committee; provided, however, that the Committee shall not amend the Plan as to Officers without shareholder approval if such approval is required by section 162(m) of the Code or other
applicable legal or regulatory standards. Without limiting the foregoing, the Company, by action of the Administrator, shall have the right to modify the terms of the Plan as may be necessary or desirable to comply with the laws or local customs of
countries in which the Company operates or has employees. 
 (b) As to Officers, the Plan must be reapproved by the shareholders no
later than the first shareholders’ meeting that occurs in the fifth year following the year in which the shareholders previously approved the Plan, or at such other times, if any, if required by section 162(m) of the Code or the regulations
thereunder. 
  

	9.	Miscellaneous Provisions 

 (a) This Plan is
not a contract between the Company and the Participants. Neither the establishment of this Plan, nor any action taken hereunder, shall be construed as giving any Participant any right to be retained in the employ of the Company or any of its
subsidiaries. Nothing in the Plan, and no action taken pursuant to the Plan, shall affect the right of the Company to terminate a Participant’s employment at any time and for any or no reason. The Company is under no obligation to continue the
Plan. 
 (b) A Participant’s right and interest under the Plan may not be assigned or transferred, except as provided in
Section 6(i) of the Plan upon death, and any attempted assignment or transfer shall be null and void and shall extinguish, in the Company’s sole discretion, the Company’s obligation under the Plan to pay Awards with respect to the
Participant. The Company’s obligations under the Plan may be assigned to any corporation which acquires all or substantially all of the Company’s assets or any corporation into which the Company may be merged or consolidated. 

 

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 (c) The Plan shall be unfunded. The Company shall not be required to establish any special or
separate fund, or to make any other segregation of assets, to assure payment of Awards. The Company’s obligations hereunder shall constitute a general, unsecured obligation, Awards shall be paid solely out of the Company’s general assets,
and, except as to Awards denominated in Shares or Stock Units, no Participant shall have any right to any specific assets of the Company. 
 (d) The Company shall have the right to deduct from Awards any and all federal, state and local taxes or other amounts required by law to be withheld. 
 (e) It is the intent of the Company that the Plan and Awards under the Plan for Officers comply with the applicable provisions of section 162(m) and section 409A of the Code, and the Committee shall have the
discretion to revise the provisions and the administration of the Plan to effect compliance with all such requirements. To the extent that any legal requirement of section 162(m) of the Code as set forth in the Plan ceases to be required under
section 162(m) of the Code, in accordance with the decision of the Committee, such Plan provision shall cease to apply. 
 (f) The
Company’s obligation to pay compensation as herein provided is subject to any applicable orders, rules or regulations of any government agency or office having authority to regulate the payment of wages, salaries, and other forms of
compensation. 
 (g) In the event that any provision in this Plan or the Award Agreement shall be held invalid or unenforceable, such
provision shall be severable from, and such invalidity or unenforceability shall not be construed to have any effect on, the remaining provisions of this Plan. 
 (h) In the event of a conflict between one or more provisions of this Plan and one or more provisions of the Award Agreements, the provisions of this Plan shall govern unless the Award Agreement is specific
that its provisions shall control. 
 (i) With respect to provisions of the Plan that are subject to Section 16 of the Exchange
Act, transactions under the Plan are intended to comply with all conditions of Rule 16b-3, as amended, or its successors under the Exchange Act applicable thereto. To the extent any provisions of the Plan or action by the Committee fail to so
comply, the applicable provision or action will be deemed null and void, to the extent permitted by law and deemed advisable by the Committee. 
 (j) Subject to the limitation on the transferability of Awards, this Plan shall be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 
 (k) Words used in the masculine shall apply to the feminine where applicable, and whenever the context of the Plan dictates, the plural shall be
read as the singular and the singular as the plural. 
 (l) Except as specifically provided in the Plan or in the Award Agreement,
nothing contained in this Plan shall affect the Participant’s right to participate in and receive benefits under and in accordance with the terms of any pension, insurance or other employee benefit plan or program of the Company or of any
affiliate, as may be determined by the Committee. 
  

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 (m) To the extent deemed applicable by the Committee, this Plan and the relevant Award Agreements
issued under this Plan shall be operated and construed in conformity with applicable provisions of section 409A of the Code and any nonconforming provision may be revised or amended by the Committee in its discretion without the consent of the
Participant. Further, to the extent that payments to be made under this Plan are to be made promptly upon vesting or the occurrence of event that permissibly gives rise to the payment, such payments will be made not later than the date which is two
and a half months following the later of the end of the fiscal year of the Company in which the vesting event occurred or the end of the calendar year in which such vesting event occurred. 
 (n) The validity, construction, interpretation and effect of the Plan shall exclusively be governed by and determined in accordance with the laws
of the Commonwealth of Pennsylvania. 
  

	10.	Effective Date. 

 The Plan will become effective as of
January 1, 2006, as to Officers, subject to the approval of shareholders at the 2006 Annual Meeting of Shareholders, and no payments shall be made pursuant to the Plan to Officers until after the Plan has been approved by the shareholders of
the Company. 
  

 -8-Community Bancshares, Inc. Executive Incentive Plan

 EXHIBIT 10.1 
 COMMUNITY BANCSHARES, INC. 
 EXECUTIVE INCENTIVE PLAN 
 ARTICLE I 
 ESTABLISHMENT AND PURPOSES

 Section 1.1 Establishment of Plan. By this document Community Bancshares, Inc. (further referenced as the “Corporation”) adopts the
Community Bancshares, Inc. Executive Incentive Plan (the “Plan”). 
 Section 1.2 Purpose of Plan. The purposes of the Plan are:

  

	 	A.	To optimize the Corporation’s profitability and growth consistent with its goals and objectives; 

  

	 	B.	To optimize retention of a highly competent executive management group by providing Participants short-term incentive compensation, which, when combined with base salary, long-term
incentive compensation, and benefits, is fully competitive with other Peer Banks; 

  

	 	C.	To pay incentive awards within the Plan that correlate well with the relative contributions made by Participants; 

  

	 	D.	To encourage teamwork and involvement on the part of Participants by connecting the major portion of the incentives paid to the performance of the Company as a whole; and

  

	 	E.	To encourage accountability on the part of Participants by connecting a portion of the incentives paid to the performance results of the specific organizational units for which the
Participants are responsible. 

 ARTICLE II 
 CERTAIN DEFINITIONS 
 Section 2.1 Award. “Award” means the cash payment determined under this Plan to
be due to a Participant as a result of performance during a Plan Year, which shall be paid as provided in this Plan. 
 Section 2.2 Award Date.
“Award Date” means that date, as soon as practicable after the applicable performance evaluations are completed, on which Awards are paid. 

 Section 2.3 Base Compensation. “Base Compensation” means the base salary of a Participant in effect
at the beginning of the Plan Year. 
 Section 2.4 Beneficiary. “Beneficiary” means the individual or individuals named by a Participant
in writing filed with the Corporation’s Human Resources Department to receive a Participant’s unpaid benefit in the event of a Participant’s death. If a Participant fails to name a Beneficiary, the Beneficiary under this Plan will be
the same as his or her beneficiary under the Community Bancshares, Inc. Employee Stock Ownership Plan, or any successor thereto, in effect on the date of the Participant’s death. 
 Section 2.4 Committee. Committee” means the Executive Compensation/Benefits Committee of the Board of Directors of the Corporation or any successor thereto performing similar functions. This Committee
administers and interprets the Plan; any decision made by the Committee is final and binding on the Participant and the Participant’s Beneficiary. 
 Section 2.5. Officer/Director “Officer/Director” is an employee who holds a position as one of the most senior officers of the Corporation or its subsidiaries and is also a member of the Corporation’s Board of
Directors. 
 Section 2.6 Participant. A “Participant” is an Officer/Director or Senior Executive who is approved each year by the
Committee to participate with respect to the next Plan Year. 
 Section 2.7 Plan Year. “Plan Year” means a calendar year. 

Section 2.8 Senior Executive. A “Senior Executive” is an officer who is not an Officer/Director. 
 ARTICLE III 
 PARTICIPATION 

Section 3.1 Participation. A Participant will not be qualified to receive an Award for a Plan Year unless he or she was approved for entry into the Plan
by the Committee and is still working for the Corporation on the Award Date for that Plan Year. However, retirement, death, disability or an approved leave of absence will not disqualify a Participant; rather, a prorated payment, based on the time
worked during the Plan Year, will be made to the Participant or to his or her Beneficiary, as the case may be. If a Participant leaves the Corporation’s employ for any other reason, the Committee may, in its sole discretion, make an Award to
him or her of a prorated payment based on the time worked during the Plan Year. 

 ARTICLE IV 
 DETERMINATION OF AWARDS 
 Section 4.1 Goals. Goals will be set for the Corporation, each Participant, and each
business unit that a Participant manages. A portion of the incentives paid will be based on the performance results of the Corporation as a whole to encourage teamwork on the part of the Participants. For Officer/Directors the incentives paid may be
based exclusively on the corporate goals. For Senior Executive Participants, a portion of the incentives paid will be based on the performance results of the Participant’s specific organizational unit managed and the Participant’s
individual performance to encourage an appropriate degree of individual focus. 
 The importance of sound goal setting is critical to the success of this
Plan. The goal setting process will be directly connected to the annual business plan and resulting budget, and will begin at the top of the Corporation. Corporate goals for performance purposes under this Plan may include one or more of the
following in any given year: 
  

	 	•	 	Net Income 

  

	 	•	 	Earnings per share 

  

	 	•	 	Return on Average Assets 

  

	 	•	 	Return on Average Equity 

  

	 	•	 	Credit Quality Measures 

  

	 	•	 	Efficiency Ratio 

  

	 	•	 	Loan Growth 

  

	 	•	 	Deposit Growth 

  

	 	•	 	Non-Interest Revenue Growth. 

 The goals for the Corporation and the
weightings placed on each will be approved by the Committee at the beginning of each Plan Year. The individual and business unit goals and the weightings placed on each will be approved by the Chief Executive Officer. The corporate goals, unit goals
and individual goals will be weighted and the total weightings will equal 100%. Once determined, goals for all Participants will be documented on the Executive Incentive Plan Goals and Objectives Scorecard. 
 Section 4.2 Performance Ratings. A corporate rating will be determined at year end based on the Committee’s evaluation of the Corporation’s results
against the annual corporate goals approved by the Committee at the beginning of the Plan Year. Business unit and individual ratings will be determined based on the Chief Executive Officer’s evaluation of the individual and unit results against
the annual goals approved at the beginning of the Plan Year. One of the following five general achievement levels will apply for each goal resulting in a performance rating from 1 to 5. 

			
	 Performance Rating
	  	 Performance Description

	 1
	  	 Achieves unique and exceptional performance

		
	 2
	  	 Consistently meets and frequently exceeds goals

		
	 3
	  	 Consistently meets goals

		
	 4
	  	 Improve performance to meet goals

		
	 5
	  	 Needs substantial improvement to meet goals

 The ratings will be weighted, and corporate rating, business unit rating and individual rating will be added
together to determine the overall rating. 
 Section 4.3 Participant Levels. Each Participant will be assigned a “Participant level”
ranging from 1 to 4, with 1 being the level with the highest bonus opportunity. Designation of Participant levels will be made by the Committee, in the case of Officer/Directors, and by the Chief Executive Officer, in the case of all other
Participants. 
 Section 4.4 Calculation of Awards. The actual Awards will be determined based on the Participant’s overall rating, the
Participant level, and the Base Compensation as shown in the following table. 
 Award Ranges 
 (As a Percent of Base Compensation) 
  

									
	 Overall Rating
	  	Participant Level
	  	1	 	2	 	3	 	4
	 1.0-1.49
	  	30-50%	 	10-30%	 	0-20%	 	0-10%
	 1.5-2.49
	  	20-40%	 	0-20%	 	0-10%	 	0-5%
	 2.5-3.49
	  	10-30%	 	0-10%	 	0-5%	 	0-2%
	 3.5-4.49
	  	0%	 	0%	 	0%	 	0%
	 4.5-5.0
	  	0%	 	0%	 	0%	 	0%

 However, in no event shall Awards be paid in excess of the total bonus pool which has been established by the
Committee at the beginning of the Plan Year. In the event that the aggregate Awards as calculated based on the foregoing provisions exceed the bonus pool, they shall be reduced on a pro rata basis until they are equal to the bonus pool. The maximum
amount which may be paid to a Participant for any given Plan Year under this Plan is $250,000. 

 ARTICLE V 
 DISTRIBUTION OF AWARDS 
 Section 5.1 Distributions. Awards will be paid in the form of a cash bonus on an annual
basis within 60 days of the end of the Plan Year and will be net of any required federal, FICA, state or local tax withholdings. If a Participant dies prior to the Award Date, the designated Beneficiary will be paid the amount of the Award in a
single cash sum. Notwithstanding the foregoing, the Corporation’s Board of Directors shall have the authority in its sole discretion to authorize pro rata payment of Awards during the Plan Year based on a pro rata realization of
goals.
 ARTICLE VI 
 MISCELLANEOUS 
 Section 6.1 No Assignment of Benefits. The Corporation will not under any circumstances make any payment under this
Plan to any assignee or creditor of a Participant or of his or her Beneficiary. Before a Participant actually receives a payment under this Plan, neither the Participant, nor a designated Beneficiary, has any right, even in anticipation of receiving
a payment, to assign, pledge, grant a security interest in, transfer or otherwise dispose of any interest under this Plan. Furthermore, a Participant’s rights cannot be assigned or transferred even by operation of law. 
 Section 6.2 No Employment Rights. This Plan gives the Participant no right to be retained in the Corporation’s employment. 
 Section 6.3 Amendment or Termination of Plan. The Committee can end or change this Plan at any time. However, neither the Committee nor the Board of
Directors of the Corporation can take away any Award which a Participant has already been paid, or any Award a Participant might receive for the Plan Year when the Committee acts unless the Committee determines that such reward has been or would be
paid based on fraudulent or erroneous data or the employee has been terminated for cause. 
 Section 6.4 Governing Law. This Plan is to be
governed and interpreted as provided in the laws of the State of Alabama. 
 Section 6.5 No Rights to Awards. Neither an executive nor any
officer or employee of the Corporation or any of its subsidiaries has any claim or right to be included in the Plan or to be granted an Award unless and until (i) he or she has become a Participant for the Plan Year in question and
(ii) his or her Award has been made.

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