Page 64 - Exhibit No. 13 Merit System and Promotion Plan

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VI. MECHANICS OF RATING

1. Levels of Performance

Each employee is rated on the basis of the levels of performance set below:

Numerical Description Adjectival Rating Rating

Performance exceeding targets Outstanding 10
by 30% and above of the planned targets (O)

Performance exceeding targets Very Satisfactory 8
by 15% to 29% of the planned targets (VS)

Performance of 100% to 114% of the Satisfactory 6
planned targets; for accomplishments (S)
requiring 100% of the targets such as those
pertaining to money or accuracy or those
which may no longer be exceeded,
the usual rating of 10 for those who
met targets or 4 for those who failed
or fell short of the targets applies.

Performance of 51% to 99% of the Unsatisfactory 4
planned targets. (US)

Performance failing to meet the Poor 2
planned targets of 50% or below. (P)

In determining the final equivalent adjectival rating of the employee, the range of overall

point scores is converted as follows:

9.50 Outstanding

7.51 – 9.49 Very Satisfactory

4.01 – 7.50 Satisfactory

2.01 – 4.00 Unsatisfactory

2.00 below Poor