Such Contribution will be credited to the Company Stock Account of each Participant who was employed as of the last business day of the Calendar Year, plus each Participant whose employment terminated prior to such date (a) due to Disability or death, or (b) after the Participant has attained 55 years of age and has at least 5 Years of Vesting Service. The Additional Matching Contribution will begin at 25% of the Participant’s Contribution for the applicable Calendar Year for ROCE achievement at the threshold level and increase ratably to a maximum 50% of the Participant’s Contribution for ROCE achievement at the target level, with such threshold and target levels to be determined by the Compensation Committee. ROCE will be calculated in the same manner as it is calculated under the Incentive Plan for a given year.
The Company will make an Additional Matching Contribution to the Participant’s Company Stock Account equal to a percentage of the Participant’s Contribution for the applicable Calendar Year if the Company’s return on capital employed (“ ROCE ”) for the Calendar Year meets the threshold level established for corporate payouts under the Key Officers Incentive Plan (the “ Incentive Plan ”).
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