DELPHI 2011 Annual Report Download - page 198
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Attachment B
Performance Metrics and Formula Used to Determine
the Number of Earned Performance-Based RSU Shares
Metric 1: Return on Net Assets ("RONA")
• Definition: Tax-affected operating income, divided by average net working capital plus average net property, plant and equipment expense, measured
each calendar year. Final performance will be based upon the three-year average of calendar year performance for 2012, 2013 and 2014.
• Weight: 50% of Performance-Based RSU Shares granted
• Number of Performance-Based RSU Shares related to the RONA metric ("RONA RSU Shares"): 106,635
• RONA Performance Parameters:
2012 – 2014
RONA
% of Target RONA
RSU Shares Earned
(Payout %)
Number of Earned
RONA RSU Shares at
Payout % Level
Threshold [•]% 50% 53,318
Target [•]% 100% 106,635
"Bend Point" [•]% 150% 159,953
Maximum [•]% 200% 213,270
• If the final RONA is below the threshold RONA, no RONA RSU Shares will be earned
• If the final RONA is above the maximum RONA, the maximum RONA RSU Shares will be earned (200% of your target number of RONA RSU
Shares indicated above)
• The number of RONA RSU Shares earned if the final 2012 – 2014 RONA is between the threshold and target levels, between the target and
"bend point" levels or between the "bend point" and maximum levels will be determined by linear interpolation (the RONA RSU Shares payout
percentage associated with the final RONA) between the relevant payout percentages identified above
Metric 2: Cumulative Net Income ("Net Income")
• Definition: Reported cumulative net income for calendar years 2012 – 2014
• Weight: 30% of Performance-Based RSU Shares granted
• Number of Performance-Based RSU Shares related to the Net Income metric ("Net Income RSU Shares"): 63,981
• Net Income Performance Parameters:
2012 – 2014
Net Income
% of Target Net
Income RSU Shares
Earned (Payout %)
Number of Earned Net
Income RSU Shares at
Payout % Level
Threshold $[•] 50% 31,991
Target $[•] 100% 63,981
"Bend Point" $[•] 150% 95,972
Maximum $[•] 200% 127,962
B-1