Executive Stock Options Generally Have All the Following Characteristics Except:

And 3 supporting leadership retention objectives and facilitating and encouraging executive retention and stock ownership through the grant of stock options performance-based restricted stock units and restricted stock. 2 key financial drivers of shareholder value.


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The LTIP program focuses on.

. A Related Person is defined as 1 each director director nominee and executive officer of the Company 2 any person who is known by the Company or any subsidiary of the Company to be the beneficial owner of more than five percent of any class of the Companys voting securities 3 immediate family members of the foregoing persons. 1 direct linkage to stock price performance.


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