Attached files

file filename
10-K - 10-K - MUELLER INDUSTRIES INCmli12301710-k.htm
EX-32.2 - EXHIBIT 32.2 - MUELLER INDUSTRIES INCa2017exhibit322.htm
EX-32.1 - EXHIBIT 32.1 - MUELLER INDUSTRIES INCa2017exhibit321.htm
EX-31.2 - EXHIBIT 31.2 - MUELLER INDUSTRIES INCa2017exhibit312.htm
EX-31.1 - EXHIBIT 31.1 - MUELLER INDUSTRIES INCa2017exhibit311.htm
EX-23 - EXHIBIT 23 - MUELLER INDUSTRIES INCa2017exhibit230.htm
EX-21 - EXHIBIT 21 - MUELLER INDUSTRIES INCa2017exhibit210.htm


Exhibit 10.13


2018 INCENTIVE PLAN FOR CERTAIN KEY EMPLOYEES

The Company has a discretionary annual incentive program under which exempt salaried employees may earn cash payments based on a percentage of base annual salary. The actual percent is based on a variety of guidelines including performance levels of the respective business units primarily measured by operating income subject to certain adjustments.

The payment to an employee is based upon (i) their assigned grade level, (ii) actual company earnings achieved relative to a pre-determined target, which is adjusted upward if company performance exceeds target and reduced if company performance is less than target, and (iii) base salary paid during the fiscal year.