See our Toronto Abuse Lawyer Elizabeth Grace's article «Trend develops for higher sexual abuse non-pecuniary awards» in The Lawyers Weekly, February 2010, for her analysis of the trend towards higher
compensation awards in sexual abuse cases.
Compensation awards in personal injury cases are broken down into different categories.
In addition, statistics show that the average increase in financial
compensation awarded in cases where the victim has hired a lawyer more than covers the fee that lawyer will charge.
The statutory charge: The Suesspicious Minds blog featured this piece on human rights claims and the legal aid statutory charge, following the judgment in P v A Local Authority, which found that the statutory charge did not apply to
compensation awarded in separate proceedings.
When working out a suitable sum for your non-pecuniary damages, your personal injury lawyer will assess the injuries you have sustained and will look at
the compensation awarded in similar cases.
Not exact matches
But it may seem surprising to some that the bank adopted this new approach during 2013 — and then
awarded CEO Gordon Nixon a record $ 12.7 million
in compensation.
On April 28, 2009, the Bloc's critic for the Economic Development Agency of Canada for the Regions of Quebec, Jean - Yves Laforest, introduced a motion
in the House of Commons calling for the feds to negotiate
in good faith with the Government of Quebec to resolve the dispute, demanding a
compensation package prorated to that
awarded Ontario.
The board also approved an estimated $ 900 million
in repurchases to offset shares
awarded under equity - based
compensation plans during the same period.
Add another one to the list: for one year, it smashed all records for the highest executive
compensation in Canada,
awarding its former CEO Michael Pearson $ 179 million
in company stock, for a total take - home of $ 182 million, more than double paid to the previous year's highest paid CEO, BlackBerry's John Chen.
While it's unlikely that Merck will ultimately win the 10 % royalty it says it deserves, even a 5 % royalty
award could entitle the company to billions
in past and future
compensation.
(REUTERS)-- JPMorgan Chase & Co's Jamie Dimon's
compensation in 2014 stayed unchanged at $ 20 million, but the chief executive officer got a cash bonus, something he was not
awarded in 2013.
JPMorgan noted that its calculation of Mr. Dimon's 2010
compensation did not include the $ 17 million
in restricted stock and options that he was
awarded in February for his performance last year.
In its proposal, the AFL - CIO argues, «
In our view, the vesting of equity
awards that would otherwise be forfeited after a voluntary termination is a windfall payment, not a form of deferred
compensation for previous service.»
The tech giant announced it would
award eligible employees $ 2,500
in stock - based
compensation.
Represents share - based
compensation expense associated with equity
awards for the periods indicated; also includes the portion of annual non-cash incentive
compensation expense that eligible employees elected to receive or are expected to elect to receive as common equity
in lieu of their 2017 and 2018 cash bonus, respectively.
For comparison, the
compensation committee
awarded one person, Disney CEO Robert Iger, $ 108 million
in the last three years, according to the company's 2013 summary
compensation table.
In 2010, Ellison reduced his annual salary from $ 1 million to $ 1, but he still takes in more than $ 60 million in total compensation thanks to generous stock award
In 2010, Ellison reduced his annual salary from $ 1 million to $ 1, but he still takes
in more than $ 60 million in total compensation thanks to generous stock award
in more than $ 60 million
in total compensation thanks to generous stock award
in total
compensation thanks to generous stock
awards.
Gorman's
compensation jumped to $ 16 million last year, according to the bank's annual proxy statement - up from $ 12 million the year before - plus an additional $ 6.5 million
in long - term incentive
awards based on performance targets.
Fink was
awarded $ 27.7 million
in compensation last year, compared to $ 25.5 million
in 2016, based on a calculation of his pay
in line with U.S. Securities and...
The Plan permits grants of the following types of incentive
awards subject to such terms and conditions as the Leadership Development and
Compensation Committee shall determine, consistent with the terms of the Plan: (1) stock options, including stock options intended to qualify as ISOs, (2) other stock - based
awards, including
in the form of stock appreciation rights, phantom stock, restricted stock, restricted stock units, performance shares, deferred share units or share - denominated performance units, and (3) cash
awards.
In the future, our
Compensation Committee and board of directors may consider
awarding such additional or alternative forms of
awards to our executive officers, although no decision to use such other forms of
award has yet been made.
Despite a drop
in profits at CBS last year, Moonves» 2017
compensation was boosted by $ 43.7 million
in stock
awards, which came
in part when he extended his employment agreement last May.
The Leadership Development and
Compensation Committee offered Larry and Sergey cash
awards in recognition of their performance
in 2014, but as
in previous years, they declined to receive cash bonuses.
The primary elements of each named executive officer's total
compensation shown
in the table are base salary, an annual cash incentive, and long - term equity
awards consisting of time - based and performance - based RSUs.
Under the terms of the LTICP,
in addition to or
in lieu of stock options, we may
award, and have
awarded in selected situations for retention purposes or to address other competitive pressures, other types of equity - based long - term
compensation, including restricted stock, RSRs, stock
awards, stock appreciation rights, performance shares, or performance units.
Realized
compensation is not a substitute for reported
compensation in evaluating our
compensation structure, but we believe that realized
compensation is an important factor
in understanding that the value of
compensation that Mr. Musk ultimately realizes is dependent on a number of additional factors, including: (i) the vesting of certain of his option
awards only upon the successful achievement of a number of market capitalization increase and operational milestone targets, including milestones that have not
Taking into consideration the actual salary, annual incentive payout and long - term incentive
award for the period 2013 - 2015, Mrs. Rometty earned 55 % of her annual total target
compensation in 2015.
For example, the
Compensation Committee retained Compensia, Inc., a national compensation consulting firm («Compensia»), as its compensation consultant in 2017 to advise the Compensation Committee with respect to the 2018 CEO Perfor
Compensation Committee retained Compensia, Inc., a national
compensation consulting firm («Compensia»), as its compensation consultant in 2017 to advise the Compensation Committee with respect to the 2018 CEO Perfor
compensation consulting firm («Compensia»), as its
compensation consultant in 2017 to advise the Compensation Committee with respect to the 2018 CEO Perfor
compensation consultant
in 2017 to advise the
Compensation Committee with respect to the 2018 CEO Perfor
Compensation Committee with respect to the 2018 CEO Performance
Award.
Other than periodic incentive plans that were historically provided to Mr. McNeill based on the achievement of specific customer - related metrics, including as set forth under the «Non-Equity Incentive Plan
Compensation» column
in «Executive
Compensation — Summary
Compensation Table» below, we do not currently have or have planned any specific arrangements with our named executive officers providing for cash - based bonus
awards.
An incentive
compensation award paid in stock, restricted share rights, or restricted stock pursuant to this Policy shall be governed by the provisions (other than provisions with respect to the computation of such award) of the Company's Long - Term Incentive Compen
compensation award paid
in stock, restricted share rights, or restricted stock pursuant to this Policy shall be governed by the provisions (other than provisions with respect to the computation of such
award) of the Company's Long - Term Incentive
CompensationCompensation Plan.
However, we show
in column (e) of the Summary
Compensation Table the
awards of RSRs to John G. Stumpf and Howard I. Atkins
in 2002 and 2001, respectively, and for Mr. Stumpf, whose RSR
award vested
in full
in 2007, the number of shares and value he acquired
in columns (d) and (e) of the «Option Exercises and Stock Vested» table.
Musk owns approximately one - fifth of Tesla and
in March was
awarded a $ 2.6 billion
compensation plan comprised of stock options.
Taking into consideration the actual salary, actual annual incentive payout and actual long - term incentive
award for the period 2013 - 2015, Mrs. Rometty earned 55 % of her annual total target
compensation in 2015.
(l) Except as otherwise set forth
in Schedule 2.7 (l) of the Disclosure Schedule, (i) the Company is not and will not be obligated to pay separation, severance, termination or similar benefits as a result of any of the transactions contemplated by this Agreement, nor will any such transactions accelerate the time of payment or vesting, or increase the amount, of any benefit or other
compensation due to any individual; and (ii) the transactions contemplated by this Agreement will not cause the Company to record additional
compensation expense on its income statements with respect to any outstanding Stock Option or other equity - based
award.
In August 2012, to create incentives for continued long - term success from the then - recently launched Model S program as well as from Tesla's then - planned Model X and Model 3 programs, and to further align executive compensation with increases in stockholder value, the Board granted to Mr. Musk a stock option award to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of gran
In August 2012, to create incentives for continued long - term success from the then - recently launched Model S program as well as from Tesla's then - planned Model X and Model 3 programs, and to further align executive
compensation with increases
in stockholder value, the Board granted to Mr. Musk a stock option award to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of gran
in stockholder value, the Board granted to Mr. Musk a stock option
award to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of g
award to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance
Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of g
Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of grant.
These new rules are effective starting
in 2018 for us, except that certain equity
awards (such as stock options) that we granted on or before November 2, 2017, might still be able qualify as performance - based
compensation.
Additional information about the LTICP and other plans pursuant to which
awards in the form of shares of the Company's common stock may be made to directors and employees
in exchange for goods or services is provided under «Equity
Compensation Plan Information.»
Meeting more than 12 of the 16 operational milestones will not result
in any additional vesting or other
compensation to Mr. Musk under the 2018 CEO Performance
Award.
After reviewing the revised peer group director
compensation data
in June 2009, the committee 1) set pay for the new non-executive Chairman of the Board, 2) increased the value of the annual equity
award from $ 145,000 to $ 175,000, since the previous level of
compensation was deemed below the market median, and 3) changed the equity grant vehicle from 100 % restricted stock units (RSUs) to 50 % RSUs and 50 % outperformance stock units (OSUs)
in order to more closely align with the equity package that Intel executives receive.
To the extent that
in 2018 or any later year, the aggregate amount of any covered officer's salary, bonus, and amount realized from option exercises and vesting of restricted stock units or other equity
awards, and certain other
compensation amounts that are recognized as taxable income by the officer exceeds $ 1,000,000
in any year, we will not be entitled to a U.S. federal income tax deduction for the amount over $ 1,000,000
in that year.
Deferral of an incentive
compensation award paid in cash under this Policy shall be made pursuant to the provisions of the Company's Deferred Compen
compensation award paid
in cash under this Policy shall be made pursuant to the provisions of the Company's Deferred
CompensationCompensation Plan.
See «Executive
Compensation — Grants of Plan - Based
Awards in 2017» below.
Any significant increase
in cash
compensation in lieu of equity
awards would reduce the cash otherwise available for operations and investment
in our business.
We
award cash
compensation to our NEOs
in the form of base salaries and annual cash incentives under our Kokua Bonus Plan, and we
award equity
compensation in the form of stock options, restricted stock units («RSUs») and PRSUs.
(8) Amounts
in this column reflect the total of the following columns: Salary, Bonus, Stock
Awards, Option
Awards, Non-Equity Incentive Plan
Compensation, Change
in Retention Plan Value, Change
in Pension Value, Nonqualified Deferred
Compensation Earnings and All Other
Compensation.
As discussed
in the CD&A under «
Compensation Components» and «Achieving Compensation Objectives — Pay for Performance,» we have provided incentive compensation in the form of an annual cash incentive award based on Company, business line and individual qualitative performance results for each fiscal year, and long - term incentive compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockh
Compensation Components» and «Achieving
Compensation Objectives — Pay for Performance,» we have provided incentive compensation in the form of an annual cash incentive award based on Company, business line and individual qualitative performance results for each fiscal year, and long - term incentive compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockh
Compensation Objectives — Pay for Performance,» we have provided incentive
compensation in the form of an annual cash incentive award based on Company, business line and individual qualitative performance results for each fiscal year, and long - term incentive compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockh
compensation in the form of an annual cash incentive
award based on Company, business line and individual qualitative performance results for each fiscal year, and long - term incentive
compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockh
compensation generally
in the form of stock option grants and,
in certain circumstances, RSRs to reward our SEOs for contribution to growth
in long - term stockholder value.
Our Bonus Plan allows our
compensation committee to provide incentive
awards (payable
in cash or grants of equity
awards) to selected employees, including our named executive officers, based upon performance goals established by our
compensation committee.
Under the Bonus Plan, our
compensation committee,
in its sole discretion, determines the performance goals applicable to
awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions, cash flow, cash position, earnings (which may include any calculation of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales, operating cash flow, operating expenses, operating income, operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return on assets, return on capital, return on equity, return on investment, return on sales, revenue, revenue growth, sales results, sales growth, stock price, time to market, total stockholder return, working capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.
Pursuant to the Bonus Plan, our
compensation committee,
in its sole discretion, will establish a target
award for each participant and a bonus pool, with actual
awards payable from such bonus pool, with respect to the applicable performance period.
The Company recognizes
compensation expense equal to the grant date fair value of the common stock on a straight - line basis over the period during which the employee is required to perform service
in exchange for the
award.