Apple 1995 Annual Report Download - page 57

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PAYOUT TABLE: OPERATING MARGIN
Net Inventory Turns Segment
This segment will measure Net Inventory Turns achieved to Plan. The minimum threshold percent against plan is 90%. When the minimum
threshold is reached, a bonus is paid equal to 50% of the Net Inventory Turns bonus target. When 100% of the target is reached, a bonus equal
to 100% of the Net Inventory Turns portion of the target bonus is payable. At 123% of the Net Inventory Turns target, the bonus equals 175%
of the Net Inventory Turns portion of the target bonus. Actual payouts may, therefore, range from 0% to a maximum of 175% of the Net
Inventory Turns portion of the target bonus.
PAYOUT TABLE: NET INVENTORY TURNS
54
% to % Bonus % per each
Plan Payout Point
MAXIMUM 130% 175% 3.0%
120% 145% 3.0%
115% 130% 3.0%
110% 115% 3.0%
105% 100% 1.0%
PLAN 100% 95% Accelerator
Decelerator
95% 75% 4.0%
THRESHOLD 90% 50% 5.0%
less than 90% 0%
% to % Bonus % per each
Plan Payout Point
MAXIMUM 123% 175% 3.26%
115% 150% 3.26%
105% 116% 3.26%
PLAN 100% 100% Accelerator
Decelerator
95% 75% 5.00%
THRESHOLD 90% 50% 5.00%
less than 90% 0%