Clearfield adopts FY 2024 bonus plan for CEO, COO, CFO with net sales and gross profit targets

Clearfield, Inc.

CEO and COO target bonus at 60% of base salary, max 200%; CFO target 60%, max 100%.
FY 2024 bonus based 75% on net sales and 25% on gross profit, consolidated GAAP.
If target not met for a metric, no payout for that metric; proportional increase up to max.
Bonus subject to clawback under Company's Compensation Recoupment Policy.

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