ALLETE INC - FORM 10-K - EX-10.H3 - ALLETE EXECUTIVE ANNUAL INCENTIVE PLAN - February 12, 2010

Attached files

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EX-99 - FURNISHED ALLETE, INC. 2009 NEWS RELEASE - ALLETE INCexhibit_99.htm
EX-12 - COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES - ALLETE INCexhibit_12.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT - ALLETE INCexhibit_21.htm
EX-32 - CEO AND CFO 906 CERTIFICATION - ALLETE INCexhibit_32.htm
EX-31.B - CFO 302 CERTIFICATION - ALLETE INCexhibit_31b.htm
EX-23.A - CONSENT OF PWC - ALLETE INCexhibit_23a.htm
EX-31.A - CEO 302 CERTIFICATION - ALLETE INCexhibit_31a.htm
EX-10.D1 - ALLETE AMENDED AND RESTATED COMMITTED FACILITY LETTER - ALLETE INCexhibit_10d1.htm
EX-10.H1 - ALLETE EXECUTIVE ANNUAL INCENTIVE PLAN AS AMENDED AND RESTATED - ALLETE INCexhibit_10h1.htm
EX-10.M9 - ANNEX TO ALLETE EXECUTIVE LONG-TERM INCENTIVE COMPENSATION PLAN RESTRICTED STOCK UNIT GRANT - ALLETE INCexhibit_10m9.htm
EX-10.M8 - ANNEX TO ALLETE EXECUTIVE LONG-TERM INCENTIVE COMPENSATION PLAN - ALLETE INCexhibit_10m8.htm
10-K - ALLETE, INC. 2009 10-K - ALLETE INCallete2009_10k.htm
EX-10.G - ALLETE AND WPSC ATC FUNDING AGREEMENT - ALLETE INCexhibit_10g.htm
Exhibit 10(h)3



ALLETE Executive Annual Incentive Plan
Form of Award
Effective 2010
[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
37.5%
$
Below Threshold
0%
$


Goals

             
Goal
             
Weighting
 
Financial Goals
          
   
Net Income from Continuing Operations
50%
   
Cash from Operating Activities
  
25%
               
 
Strategic Goals
      
  25% 
             
100%


 
 
 

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