Attached files

file filename
EX-21 - KIMBALL INTERNATIONAL, INC. EXHIBIT 21 - KIMBALL INTERNATIONAL INCexhibit21.htm
EX-24 - KIMBALL INTERNATIONAL, INC. EXHIBIT 24 - KIMBALL INTERNATIONAL INCexhibit24.htm
EX-32 - KIMBALL INTERNATIONAL, INC. EXHIBIT 32.1 - KIMBALL INTERNATIONAL INCexhibit321.htm
EX-10 - KIMBALL INTERNATIONAL, INC. EXHIBIT 10(A) - KIMBALL INTERNATIONAL INCexhibit10a.htm
EX-32 - KIMBALL INTERNATIONAL, INC. EXHIBIT 32.2 - KIMBALL INTERNATIONAL INCexhibit322.htm
EX-31 - KIMBALL INTERNATIONAL, INC. EXHIBIT 31.1 - KIMBALL INTERNATIONAL INCexhibit311.htm
EX-31 - KIMBALL INTERNATIONAL, INC. EXHIBIT 31.2 - KIMBALL INTERNATIONAL INCexhibit312.htm
10-K - KIMBALL INTERNATIONAL, INC. FORM 10-K - KIMBALL INTERNATIONAL INCk10.htm
EX-23 - KIMBALL INTERNATIONAL, INC. EXHIBIT 23 - KIMBALL INTERNATIONAL INCexhibit23.htm

Exhibit 10(b)

DISCRETIONARY COMPENSATION

Because special situations occur where individual achievement may not be adequately recognized under a single incentive plan, the Compensation and Governance Committee (the "Committee"), at the beginning of each fiscal year, grants authority to the Chairman of the Board ("Chairman") and/or the President/Chief Executive Officer to distribute additional discretionary cash and/or stock compensation up to an aggregate maximum amount to eligible participants for each particular fiscal year. For fiscal year 2011, the aggregate amount of cash compensation approved by the Committee was $500,000, and the maximum number of shares approved by the Committee was 600,000 shares of Class A or Class B Common Stock. The stock compensation may be in the form of performance share award opportunities and/or outright grants of shares of Common Stock, all to be awarded under the Company's 2003 Stock Option and Incentive Plan.  Discretionary compensation is awarded based upon individual effort and is paid in amounts and at such times as the Chairman and/or President/Chief Executive Officer determine, in their sole discretion. No employee has a guaranteed right to discretionary compensation in the event that performance targets are not met.

Eligible participants include any employee of the Company, excluding the Chairman and President/Chief Executive Officer for cash or stock compensation, and excluding executive officers of the Company for stock compensation.