Nike 2010 Annual Report Download - page 123

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Cumulative Revenue Revenue−Related
Percentage Level Cumulative EPS EPS−Related
Percentage Level
(in millions)
$____ 60% $____ 60%
$____ 70% $____ 70%
$____ 80% $____ 80%
$____ 90% $____ 90%
$____ 100% $____ 100%
$____ 110% $____ 110%
$____ 120% $____ 120%
$____ 130% $____ 130%
$____ 140% $____ 140%
$____ 150% $____ 150%
$____ 160% $____ 160%
$____ 170% $____ 170%
$____ 180% $____ 180%
$____ 190% $____ 190%
$____ or more 200% $____ or more 200%
If the Company’s Cumulative Revenue is between any two data points set forth in the first column of the above table, the Revenue−Related
Percentage Level shall be determined by interpolation between the corresponding data points in the second column of the table as follows: the difference
between the Cumulative Revenue and the lower data point shall be divided by the difference between the higher data point and the lower data point, the
resulting fraction shall be multiplied by the difference between the two corresponding data points in the second column of the table, and the resulting
product shall be added to the lower corresponding data point in the second column of the table, with the resulting sum being the Revenue−Related
Percentage Level. If the Company’s Cumulative EPS is between any two data points set forth in the third column of the above table, the EPS−Related
Percentage Level shall be similarly determined by interpolation between the corresponding data points in the fourth column of the table. For example, if the
Company’s Cumulative Revenue is $_______ and the Company’s Cumulative EPS is $_______, then the Revenue−Related Percentage Level will be 115%,
the EPS−Related Percentage Level will be 165%, and the Payout Factor will therefore equal 140%.
2.2 Subject to adjustment in accordance with Sections 2.4, 2.5 and 2.6 below, the Company’s “Cumulative Revenue” for the Performance
Period shall equal the sum of the Company’s revenues for the _______ fiscal years of the Company in the Performance Period. For this purpose, the
Company’s revenues for each fiscal year of the Company during the Performance Period shall be as set forth in the audited consolidated financial statements
of the Company and its subsidiaries.
2.3 Subject to adjustment in accordance with Sections 2.4, 2.5 and 2.6 below, the Company’s “Cumulative EPS” for the Performance Period
shall equal the sum of the Company’s diluted earnings per common share for the _______ fiscal years of the Company in
2