Attached files
file | filename |
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10-Q - FORM 10-Q - FSI INTERNATIONAL INC | c63867e10vq.htm |
EX-32.1 - EX-32.1 - FSI INTERNATIONAL INC | c63867exv32w1.htm |
EX-31.1 - EX-31.1 - FSI INTERNATIONAL INC | c63867exv31w1.htm |
EX-31.2 - EX-31.2 - FSI INTERNATIONAL INC | c63867exv31w2.htm |
EXHIBIT 10.1
INCENTIVE COMPENSATION PLAN
On March 17, 2011, FSI International, Inc. (the Company) adopted a compensation plan for the
fiscal year ending August 27, 2011 (the Plan) that provides for an aggregate amount of incentive
cash compensation to be available for distribution to employees of the Company, including its
executive officers. The aggregate amount distributable under the Plan will be based on the
Companys operating income, prior to any incentive plan accrual, for the fiscal year ending August
27, 2011. Amounts ultimately paid under the Plan to employees, including executive officers, would
be at the discretion of the Compensation Committee of the Board of Directors (the Committee). The
Committees determination and payment of any amounts under the Plan likely would be made in
November 2011, in connection with the completion of the audited financial statements for the
Company. The maximum amounts that could be paid to any executive officer under the Plan has been
set as a percentage of such officers base salary for the 2011 fiscal year. For the Chief
Executive Officer that percentage is 100% of base salary and for each of the other executive
officers that percentage is 80% of base salary.