Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective March 13, 2023, the Company adopted an incentive compensation plan
applicable to 2023 with respect to which incentive compensation may be paid to
the Company's Chief Executive Officer, Principal Financial Officer and other
named executive officers. A summary description of the plan is filed herewith.
Pursuant to the plan, cash awards and certain restricted stock awards may be
granted and paid to such officers. The potential restricted stock awards include
Primary Long Term Incentive Plan (PLTI) and Career Share awards, as in prior
years. The forms of such awards are filed herewith as exhibits to this form.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
(10.1) Summary of Annual Incentive Compensation Plan Applicable to 202 3
(10.2) Form of PLTI award (B shareholder)
(10.3) Form of PLTI award (common only)
(10.4) Form of Career Share award (B shareholder)
(10.5) Form of Career Share award (common only)
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