Incentive Compensation Plan

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Objectives of Plan

The Incentive Program covers the period December 1st through November 30th with payouts being made in the third week of December.

The incentive payout metrics are aligned with company and business goals and provide the opportunity of sharing our company's success via monetary reward and, in some cases, internal ownership transfer.

Each individual will be evaluated based on their individual performance over and above their normal job duties.

All participants on this incentive plan must be employed with P2S LP at the time of payout and at least six months during the incentive year in order to be eligible for compensation.

Profit

Incentives are based on net accrued profit (after 401k match, before taxes) on the Statement of Income and Retained Earnings for the period 12/1 through 11/30.

Distribution

25% of the net accrued profit will fund the incentive compensation plan.

Historical Performance of Plan Funding

2014: $1.1 Mil
2015: $1.0 Mil
2016: $1.4 Mil
2017: $1.7 Mil
2018: $1.8 Mil
2019: $2.2 Mil
2020: $2.3 Mil










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