Attached files
file | filename |
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10-K/A - FORM 10-K/A - COVENTRY HEALTH CARE INC | g22441e10vkza.htm |
EX-31.2 - EX-31.2 - COVENTRY HEALTH CARE INC | g22441exv31w2.htm |
EX-10.7 - EX-10.7 - COVENTRY HEALTH CARE INC | g22441exv10w7.htm |
EX-31.1 - EX-31.1 - COVENTRY HEALTH CARE INC | g22441exv31w1.htm |
EX-10.12 - EX-10.12 - COVENTRY HEALTH CARE INC | g22441exv10w12.htm |
Exhibit 10.11
COVENTRY HEALTH CARE, INC. (COVENTRY)
Summary of 2010 Executive Management Incentive Plan
2010 Criteria and Incentives
The Compensation Committee of Coventrys Board of Directors approved the incentive criteria
for fiscal year 2010 under the 2010 EMIP, filed herein as Exhibit 10.12. For fiscal year 2010, as
with fiscal year 2009, incentives under the 2010 EMIP will be predicated on attainment of budgeted
earnings per share targets. Coventrys Chief Executive Officer, Chief Financial Officer, and three
other most highly compensated officers are eligible to receive a non-equity incentive award under
Coventrys 2010 EMIP. The bonus target awards for achievement of performance criteria in fiscal
year 2010 are set forth below:
Bonus Target Awards | ||||
Named Executive Officers | for 2010* | |||
Allen F. Wise, Chief Executive Officer |
300 | % | ||
Harvey C. DeMovick, Jr., Executive Vice President |
75 | % | ||
Thomas C. Zielinski, Executive Vice President and General Counsel |
75 | % | ||
John J. Stelben, Interim Chief Financial Officer and Treasurer |
50 | % | ||
James E. McGarry, Senior Vice President |
70 | % |
* | As a percentage of base compensation. |