|
Quotes & Info
|
| EROC > SEC Filings for EROC > Form 8-K on 11-Feb-2013 | All Recent SEC Filings |
11-Feb-2013
Change in Directors or Principal Officers
2013 Short Term Incentive Bonus Plan
On February 5, 2013, the Compensation Committee of the Board of Directors (the
"Board") of Eagle Rock Energy G&P, LLC (the "Company"), the general partner of
the general partner of Eagle Rock Energy Partners, L.P. (including its
subsidiaries, as and where applicable, the "Partnership"), recommended, and the
Board approved, the Company's 2013 Short Term Incentive Bonus Plan (the "2013
Bonus Plan"). The 2013 Bonus Plan generally covers all regular, full-time
employees who were (a) employed during 2013, (b) hired prior to October 1, 2013,
and (c) who are active full-time employees at the time of the bonus payment.
Each eligible participant is assigned and notified of a target bonus percentage
which, when multiplied by the participant's "annual gross base wage earnings"
(as defined in the 2013 Bonus Plan), represents the target bonus that may be
earned based upon the achievement of 100% of the Partnership's enterprise goals
and 100% of such eligible participant's performance goals. Participants may earn
more or less than their target bonus, depending on the ultimate performance
attained at the enterprise and individual level. Partnership enterprise goals
include certain financial, operational and safety goals. Bonus amounts earned
under the 2013 Bonus Plan are expected to be paid to eligible participants in
March 2014. A copy of the 2013 Bonus Plan is attached hereto as Exhibit 10.1 and
is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number Description
10.1* Eagle Rock Energy G&P, LLC 2013 Short Term Incentive Bonus Plan
* Certain confidential portions of this exhibit were omitted. This exhibit, with
the omitted information, has been filed separately with the U.S. Securities and
Exchange Commission pursuant to an Application for Confidential Treatment under
Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
|
|