ALLETE INC - FORM 10-K - EX-10.(E)8 - EXHIBIT 10.(E)8 - February 12, 2020

Attached files

file filename
EX-4.(H) - EXHIBIT 4.(H) - ALLETE INCexhibit4h.htm
EX-99 - EXHIBIT 99 - ALLETE INCexhibit9912-31x2019.htm
EX-95 - EXHIBIT 95 - ALLETE INCexhibit9512-31x2019.htm
EX-32 - EXHIBIT 32 - ALLETE INCexhibit3212-31x2019.htm
EX-31.(B) - EXHIBIT 31.(B) - ALLETE INCexhibit31b12-31x2019.htm
EX-31.(A) - EXHIBIT 31.(A) - ALLETE INCexhibit31a12-31x2019.htm
EX-23 - EXHIBIT 23 - ALLETE INCexhibit2312-31x2019.htm
EX-21 - EXHIBIT 21 - ALLETE INCexhibit2112-31x2019.htm
EX-10.(I)13 - EXHIBIT 10.(I)13 - ALLETE INCexhibit10i1312-31x2019.htm
EX-10.(I)12 - EXHIBIT 10.(I)12 - ALLETE INCexhibit10i1212-31x2019.htm
EX-4.(G) - EXHIBIT 4.(G) - ALLETE INCexhibit4g.htm
10-K - 10-K - ALLETE INCale12312019-10k.htm
Exhibit 10(e)8

ALLETE Executive Annual Incentive Plan
Form of Award
Effective 2020
[Eligible Executive Employees]

Target Award Opportunity


Base Salary
$
 
 
Times
 
 
 
Award Opportunity (percent of base salary)
%
 
 
Equals
 
 
 
Target Award
$

Performance Levels and Award Amounts


Goal Performance Level
Payout as Percent of
Target Award
Award Amount
Superior
200%
$
Target
100%
$
Threshold
44%
$
Below Threshold
0%
$


Goals

 
 
 
 
 
 
 
Goal
 
 
 
 
 
 
 
Weighting
 
Financial Goals
 
 
 
 
 
 
 
Net Income
50%
 
 
Cash from Operating Activities
 
20%
 
 
 
 
 
 
 
 
 
Strategic & Operational & Values Goals
 
 
 
30%
 
 
 
 
 
 
 
100%

Compensation Subject to Compensation Recovery Policy

Annual Incentive Plan Compensation is subject to recoupment as defined in the Compensation Recovery policy.



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