Determination of Target Awards. The Committee, in its sole discretion, will establish a Target Award for each Participant (which may be expressed as a percentage of a Participant’s average annual base salary for the Performance Period or a fixed dollar amount or such other amount or based on such other formula as the Committee determines).

Each Participant eligible for an award for a Performance Period will establishbe assigned a Target Award for each Participant (which may betarget award, expressed as a percentage of a Participant’the Participant’s average annual base salary foras of December 31 of the Performance Period or a fixed dollar amount or such other amount or based(the “Target Award”). Based on such other formula asmarket conditions and an assessment of the Company’s financial condition and anticipated performance, the Committee determines).shall have the ability at the beginning of the Plan Year to reduce each participant’s Target Award for that Plan Year by a stated percentage, as deemed appropriate.

Determination of Target Awards. The Committee, in its sole discretion, willCommittee shall establish athe Target Award for each applicable leadership level, band, division, or other group of Employees selected to participate in the Plan with respect to a Performance Period, subject to any limitations established by the Committee. The Target Award is the amount that a Participant (whichmay earn under an Award if targeted performance levels are achieved (including corporate and individual performance). Target Awards may be expresseddenominated as a percentage of a Participant’s average annual base salary or a dollar amount, or a combination thereof. The fact that a Target Award is established for thea Participant's leadership level, band, division or other group for a Performance Period or a fixed dollar amount orshall not entitle such other amount or based on such other formula as the Committee determines).Participant to receive an Award.

Section # Target Awards. The Committee, in its sole discretion, willFor each Plan Year, the Committee shall establish a Targettarget Award opportunity for each Participant (which mayParticipant. The target Award opportunity for each Plan Year shall be expressed as a percentage of a Participant’the Participant’s average annual base salaryBase Salary for the Performance PeriodPlan Year or a fixedspecific dollar amount or such other amount or based on such other formula asthat may be earned upon the Committee determines).achievement of prescribed performance objectives.