MARTIN MARIETTA MATERIALS, INC.
AMENDED AND RESTATED EXECUTIVE INCENTIVE PLAN
Others recommended by a Corporate Officer
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The purpose of the Martin Marietta Materials, Inc. Executive Incentive Plan (the “Plan”) is to enhance
profits and overall performance by providing for its key management an additional inducement for achieving
and exceeding Martin Marietta Materials, Inc. (“MMM” or the “Corporation”) performance objectives.
Additionally, the Plan will allow a level of compensation that is appropriate when compared with
compensation levels of other comparable organizations.
II. STANDARD OF CONDUCT AND PERFORMANCE EXPECTATION
A. It is expected that the business and individual goals and objectives established for this Plan will be
accomplished in accordance with the Corporation’s policy on ethical conduct in business. It is a
prerequisite before any award can be considered that a participant will have acted in accordance with
the Martin Marietta Materials, Inc. Code of Ethics and Standards of Conduct and fostered an
atmosphere to encourage all employees acting under the participant’s supervision to perform their duties
in accordance with the highest ethical standards. Ethical behavior is imperative. Thus, in achieving one’s
goals, the individual’s commitment and adherence to the Corporation’s ethical standards will be
considered paramount in determining awards under this Plan.
B. Plan participants whose individual performance is determined to be less than acceptable are not eligible
to receive incentive awards.
III. EFFECTIVE DATE
The Plan will become effective each year commencing January 1.
IV. BASIC PROGRAM ELIGIBILITY
Subject to the discretion of the Chief Executive Officer of the Corporation, an employee will be eligible to
participate in the Plan for any Plan year in which the employee is classified no later