best poker websites real money,t10 league table 2021,casino royale poster,Stock Ownership Guidelines
fifa game download’s Stock Ownership Guidelines align the interests of executives with the interests of stockholders and promote fifa game download’s commitment to sound corporate governance.betfred-com-recovery
These Stock Ownership Guidelines apply to fifa game download’s Chief Executive Officer, Chief Operating Officer, Executive Vice Presidents, Senior Vice Presidents, Vice Presidents (in the executive compensation band) and Non-Management Directors.tennis-gambling-picks
Stock ownership guidelines are determined as a multiple of an executive's base salary or a Non-Management Director’s annual retainer and are then converted to a fixed number of shares. In calculating the applicable number of shares as of a given date, the stock price to be used shall be the average stock price over the twenty trading days prior to such date. The individual guidelines established for each participant are as follows:
- Chief Executive Officer - 6x annual base salary;
- Chief Operating Officer and Chief Financial Officer - 4x annual base salary;
- Executive Vice Presidents and Senior Vice Presidents – 3x annual base salary;
- Vice Presidents (in the executive compensation band) – 1x annual base salary; and
- Non-Management Directors - 5x annual retainer fee.
The Compensation Committee of fifa game download’s Board of Directors may, from time to time, temporarily suspend, reevaluate and revise participants’ guidelines to give effect to changes in fifa game download’s common stock or other factors it deems relevant.www.cricketbettingtips.in-www.cricketbettingtipsfree.in
Stock that counts towards satisfaction of fifa game download’s Stock Ownership Guidelines includes:
- Shares owned outright by the participant or his or her immediate family members residing in the same household;
- Stock held in fifa game download’s Employee Stock Ownership Plan;
- Restricted stock issued and held as part of an executive’s long term compensation, whether or not vested;
- Unvested time - vesting restricted stock units ("RSUs") issued and held as part of an executive's long-term compensation;
- Shares acquired upon stock option exercises or the vesting of any long-term compensation award that the participant continues to hold; and
- Shares or share equivalent units underlying deferred fees paid to directors.
Participants are required to achieve their Stock Ownership Guideline within five years of becoming subject to the Guidelines. In all cases, the five-year period to achieve the incremental guideline begins in the first month of January following the year of the title change or hiring into an applicable role. Once achieved, the guideline amount must be maintained at the level that pertains to an individual's then current title for as long as the individual is subject to these Stock Ownership Guidelines.
The Compensation Committee will review participant’s compliance (or progress towards compliance) with these Stock Ownership Guidelines annually. In its sole discretion, the Compensation Committee may impose such conditions, restrictions or limitations on any participant as it determines to be necessary or appropriate in order to achieve the purposes of these Stock Ownership Guidelines. For example, the Compensation Committee may mandate that a participant retain (and not transfer) all or a portion of any shares delivered to the participant through fifa game download’s compensation plans or otherwise restrict the participant’s transfer of previously owned shares.
There may be instances in which the Stock Ownership Guidelines would place a severe hardship on the participant or prevent the participant from complying with a court order, such as a divorce settlement. In these instances, the participant must submit a request in writing to fifa game download’s chief human resources officer that summarizes the circumstances and describes the extent to which an exemption is being requested. The Compensation Committee will make the final decision as to whether an exemption will be granted. If such a request is granted in whole or part, fifa game download’s chief human resources officer will work with the participant to develop an alternative stock ownership plan that reflects the Compensation Committee’s determination.paddy-power-golf-betting-rules
These Stock Ownership Guidelines are interpreted by the Compensation Committee and administered by fifa game download’s chief human resources officer.