Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On July 29, 2022, the Compensation Committee of the Board of Directors (the
"Committee") of Churchill Downs Incorporated (the "Company") approved the
Churchill Downs Incorporated 2022 Executive Annual Incentive Plan (the "Plan").
A copy of the Plan is attached as Exhibit 10.1 to this Current Report on Form
8-K and is incorporated herein by reference.
The Plan provides for cash incentive awards to executive officers selected by
the Committee to participate in the Plan based on the achievement of performance
goals for performance periods commencing on or after January 1, 2022. All
executive officers of the Company are eligible to be designated for
participation in the Plan. The Committee will administer the Plan and will
designate the eligible employees who will participate in the Plan for a
specified performance period and the applicable performance goals, bonus
opportunities and payment terms with respect to each performance period.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number Description
10.1 Churchill Downs Incorporated 2022 Executive Annual Incentive Plan
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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