Within 90 days after the
start of each performance period (and in any case before 25 % of the performance period has elapsed), the Committee determines (i) who will participate in the Bonus Plan for that performance period, (ii) performance goals and objectives for such performance period, (iii) the target Award for each participant, expressed as a specified dollar amount or percentage of a participant's base
salary), and (iv) the schedules or other objective methods for determining the
actual Award a participant has earned in respect of such performance period.
«Food Science» is an
actual degree, where people with a bachelors in this field can regularly get a
starting salary of 70 to 100k a year with companies like Kraft, etc..