Ballantyne of Omaha, Inc.
Short-Term Incentive Plan
Fiscal Year 2009
The Short-Term Incentive Plan was developed in conjunction with our compensation consultants, Compensation
Strategies. The Short-Term Incentive Plan is designed to reward key members of management for their
collective and individual performance during the film exhibition industry’s transition to full-scale adoption of digital
projection. The Compensation Committee reserves the right to pay any award earned under this Plan
in cash, restricted stock or a combination of cash and restricted stock; the cash and restricted stock
composition of any award is at the sole discretion of the Compensation Committee. Participants must
be employed by Ballantyne of Omaha, Inc. through December 31, 2009 in order to receive any award
under this Plan.
1. Market competitive target award percentages of base salary are established for the following
2. The following “Universal Goals” apply to each of the plan’s participants. These goals
comprise 90% of the targeted award.
a. Fiscal year 2009 consolidated earnings before interest, taxes, depreciation and amortization
(EBITDA), excluding extraordinary items and the short-term incentive plan accrual, of **. This
goal represents 45% of the target award.
b. Fiscal year 2009 Strong-MDI sales of ** with a minimum gross margin contribution of **%.
This goal represents 30% of the target award.
c. Fiscal year 2009 Strong Technical Services (STS) EBITDA ** of **. This goal represents
15% of the target award.
3. The following “Individual Goals” are specific to each manager’s area of responsibility. These
goals comprise 10% of the targeted award.