Executive Officer-Corp. VPs and above
Annual Incentive Plan for Fiscal Year 2009
Congratulations! Analogic Corporation (the “Company”) has selected you to participate in its Annual Incentive Plan (the
“Plan”) for fiscal year ending July 31, 2009 (“fiscal 2009”). A summary of the terms of the Plan, as it applies to you, is shown
below 1 :
You will be eligible to earn an award under the Plan if all of the following conditions apply:
Plan Year: 8/1/2008 – 7/31/2009
Target Level (% of salary): %
1. Eligibility to Earn an Award
(a) Analogic achieves at least 76% of its Adjusted Earnings Per Share (EPS) budget for fiscal 2009;
(b) you have received a performance rating of 3.0 or higher on your performance evaluation during the regular annual
review process for fiscal 2009, and
The Target Level for your award is listed above. Your actual award may be greater or less than the Target Level, depending
on the Company’s performance for the fiscal 2009. If you are eligible to receive an award, your final award amount will be
determined based upon the following performance factors:
This document is not an employment agreement, and terms of employment are unaffected because of this document. The
Company reserves the right to adjust awards up or down in its discretion based on exceptional circumstances. If Analogic
Adjusted EPS is less than 76% of budget, no awards will be earned under this Plan.
My signature represents my receipt of the terms and understanding of this plan.
(c) you are an employee of the Company on the date of the payment of the award, 2 or your employment is terminated
involuntarily on or after February 1, 2009 and you are eligible for Severance Benefits.
Performance Factors (see attachment)
(a) Analogic Adjusted EPS - 70% of your award shall be determined by Analogic’s year-end results for Adjusted EPS