Mid Wisconsin Financial Services Inc Watch

from 10-K 1 page Mid-Wisconsin Bank 1996 Executive Officer Bonus Plan the President and Executive Vice President of the Bank Are Eligible for Incentive Compensation Based on the Performance of the Bank in Comparison to Specific Criteria, at Least 75% of Which Are Specifically Measurable. the Criteria Include Basic Bank Growth, and Operational Matters Such as Net Interest Margin, Net Loan Losses, Non-Interest Income, Technology and Human Resource Implementation, Personnel Costs, and Trust Department and Investment Sales Performance. Specific Criteria Are Reviewed and Established Each Year. Incentive Bonuses Are Determined by Application of the Following Rating and Computation System: 1. Total Bonus Available: Maximum Bonus of 12% of Base Salary 2. Criteria: Points 10 Specific Items 0 - Does Not Meet Goals 1 - Meets Goals 2 - Exceeds Goals 3 - Substantially Exceeds 10 X 3 = 30 = Total Potential Points 20 = on Average, Exceeds Goals 10 = on Average, Meets Goals 3. Must Have 10 Points to Qualify for Bonus Bonus Payment Schedule 1. Must Have 10 Points to Qualify. Example: Meets Goals on Average. 2. Bonus Starts at 6% - 1/2 of Potential. Schedule Points % Bonus 20 Maximum 12.0 19 11.5 18 11.0 17 10.5 16 10.0 15 9.5 14 9.0 13 8.5 12 8.0 11 7.0 10 6.0