An experienced attorney can investigate your accident, build your case, and negotiate to obtain a fair
compensation award on your behalf.
For you to maintain your focus, you'll need a good attorney to fight for you, a personal injury attorney who can secure a satisfactory
compensation award on your behalf, while you concentrate on medical and health needs.
Not exact matches
Insist
on tailored adjustments to account for risk and
compensation materializing before bonuses are
awarded and equity vests.
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.
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...
Based
on performance assessments, the CEO attends a meeting of the
Compensation Committee held for the purpose of considering the individual executives» annual compensation and recommends the base salary and any incentive bonus awards or long - term incentive awards, if applicable, for each of the executive officers, including the named executi
Compensation Committee held for the purpose of considering the individual executives» annual
compensation and recommends the base salary and any incentive bonus awards or long - term incentive awards, if applicable, for each of the executive officers, including the named executi
compensation and recommends the base salary and any incentive bonus
awards or long - term incentive
awards, if applicable, for each of the executive officers, including the named executive officers.
The performance goals upon which the payment or vesting of any Incentive
Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based
Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return
on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return
on assets or net assets, return
on capital, return
on invested
One - third of performance share
awards, which make up 50 % of long - term incentive
compensation, are tied to average return
on invested capital over a three - year period.
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
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.
As described under «Item 4 — Approve the Amended and Restated Long - Term Incentive
Compensation Plan»
on page 88 of this proxy statement, the Board is proposing to amend the LTICP to permit grants of equity
awards to non-employee directors.
(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.
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.
These include risks relating to setting ambitious targets for our employees»
compensation or the vesting of their equity
awards and the potential impact of such targets
on the decision - making of our employees, particularly our senior management.
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.
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.
Early staffers had an unusual
compensation system that
awarded supersized payouts based
on the project's value.
The following table provides information
on awards granted under the PfR Plan for fiscal 2010 and
awards of PRUs and
awards of restricted stock units («RSUs») granted as part of fiscal 2010 long - term incentive
compensation:
This same mix of performance - based and time - based
awards has been granted by the Committee for the past several years and reflects HP's primary emphasis
on performance driven
compensation, with the time - based
awards providing a measure of retention value, which is also an important component of the overall executive
compensation arrangement.
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.
On December 31, 2009, the Company had 5.18 billion outstanding shares of common stock, and approximately 734 million shares reserved for issuance for outstanding convertible preferred stock, the warrant issued in connection with the TARP CPP investment, dividend reinvestment, deferred
compensation plans, long - term incentive
compensation awards, and in connection with employee benefit plans.
Fortunately, the metrics
on which bonuses and equity
compensation are
awarded directly relate to ROIC.
While Wells has received some heavy wrist - slapping for getting caught with its pants down, its seems based
on the bloated
compensation awarded to the CEO and the fact that, based
on the true accounting below, Wells doesn't seem to mind continuing to operate with its pants and underwear draped like a pedophile around its ankles.
Just before the Aetna deal was announced, Broussard's
compensation agreement was modified to accelerate equity
awards and remove restrictions
on exercising some stock options if he leaves or is terminated within two years of any acquisition, a regulatory filing shows.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based
compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize
on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based
on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock
on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO
award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect
on the completion of this offering.
The table above does not include (i) 5,952,917 shares of Class A common stock reserved for issuance under our 2015 Incentive
Award Plan (as described in «Executive
Compensation — New Employment Agreements and Incentive Plans»), consisting of (x) 2,689,486 shares of Class A common stock issuable upon exercise of options to purchase shares of Class A common stock granted
on the date of this prospectus to our directors and certain employees, including the named executive officers, in connection with this offering as described in «Executive
Compensation — Director
Compensation» and «Executive
Compensation — New Equity
Awards,» and (y) 3,263,431 additional shares of Class A common stock reserved for future issuance and (ii) 24,269,792 shares of Class A common stock issuable to the Continuing SSE Equity Owners upon redemption or exchange of their LLC Interests as described in «Certain Relationships and Related Party Transactions — SSE Holdings LLC Agreement.»
Even in cases where companies do not choose to provide or are barred by FINRA rules from providing noncash
compensation awards directly to agents, the report says, «they frequently provide cash or noncash incentives to the third - party marketing organizations that then pass these
awards on to the agents.»
As a result of changes to the tax laws, we expect that equity
awards granted or other
compensation provided under arrangements entered into or materially modified
on or after November 2, 2017 generally will not be deductible to the extent they result in
compensation to certain of our named executive officers for or after 2017 that exceeds $ 1 million in any one year for any such officer.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based
compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize
on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based
on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock
on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO
award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect
on the completion of this offering.
The number of shares of our Class A common stock outstanding after this offering as shown in the tables above is based
on the number of shares outstanding as of September 24, 2014, after giving effect to the Transactions and the Assumed Redemption, and excludes 5,952,917 shares of Class A common stock reserved for issuance under our 2015 Incentive
Award Plan (as described in «Executive
Compensation — New Employment Agreements and Incentive Plans»), consisting of (i) 2,689,486 shares of Class A common stock issuable upon the exercise of options to purchase shares of Class A common stock granted
on the date of this prospectus to our directors and certain employees, including the named executive officers, in connection with this offering as described in «Executive
Compensation --
The number of shares of our Class A common stock outstanding after this offering as shown in the tables above is based
on the number of shares outstanding as of September 24, 2014, after giving effect to the Transactions and the Assumed Redemption, and excludes shares of Class A common stock reserved for issuance under our 2015 Incentive
Award Plan (as described in «Executive
Compensation — New Employment Agreements and Incentive Plans»), consisting of (i) shares of Class A common stock issuable upon the exercise of options to purchase shares of Class A common stock granted
on the date of this prospectus to our directors and certain employees, including the named executive officers, in connection with this offering as described
Under this method, the
compensation cost is measured at the grant date based
on the value of the
award and is recognized over the service period, which is usually the vesting period.
The objectives of our long - term incentive
awards, including equity - based
compensation, are to encourage executives to focus
on our long - term growth and to incentivize executives to manage our company from the perspective of stockholders with a meaningful stake in our success.
Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains)
on commodity hedges, impairment losses, losses / (gains)
on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity
award compensation expense (excluding integration and restructuring expenses).
The dollar values of the long - term
compensation targets were then converted to shares of Company common stock using the stock price
on the date of grant for the Performance Share
awards.
The Company subsequently supplemented this policy with an overlapping clawback policy that requires all executive officers, as well as the next 20 most highly compensated employees, to forfeit previously
awarded compensation if the payments were based
on materially inaccurate financial statements or any other criteria that are later proven to be materially inaccurate.
«RESOLVED: The stockholders of FedEx Corporation (the «Company») urge the
compensation committee of the board of directors to adopt a policy that the Company will not pay the personal taxes owned
on restricted stock
awards on behalf of named executive officers.
Forms of
compensation that do not qualify is any
compensation that incentivizes the advisor to make the specific recommendation — like trips,
awards programs, productions bonuses, and marketing dollars based
on production or performance.
Return
on invested capital (ROIC) was added to Hurco Companies» executive
compensation plan in 2014 as a target goal for performance - based equity
awards.
In response to shareholder feedback, the company revamped its executive
compensation program by introducing a formulaic bonus scheme (which included metrics based
on TSR, production, expenses, and margins), conditioning equity
awards on performance metrics (relative TSR and absolute cash flow), and reducing Mr. Nichols» salary by one - third.
In addition, the
compensation committee believes
awarding equity rewards tied to the stock price motivates the executive team to focus
on growing the business by aligning with the interests of shareholders.
These stock
awards are not given based
on any specific formula but rather by a process under the discretion of the
compensation committee that involves examining the expected stock price and projecting a value similar to competitors»
compensation.
The following table provides information
on awards granted under the PfR Plan for fiscal 2011 and
awards of stock options, performance - contingent stock options («PCSOs»), restricted stock
awards, PRUs, RSUs, SIPRUs and SRRSUs granted as part of fiscal 2011 long - term incentive
compensation:
Employees who refuse to work
on their sabbath have been the principal beneficiaries of this rule (in another case a worker lost his job in a brass mill because he refused to help manufacture tank turrets) The Oregon courts followed these cases and
awarded unemployment
compensation to Smith and Black.
When we publish a recipe submission, we
award recipe authors with a $ 50 gift certificate to Tropical Traditions as
compensation to the author for sharing their recipe and photo
on our blog.
The former PSG and Fulham player made the switch to Brendan Rodgers» Celtic in the summer
on a free transfer which saw Fulham
awarded # 500,000 in
compensation.
But the tribunal
awarded her # 1,100
compensation for the way the case was handled by Kirklees education authority, for «injury to her feelings», and the judgment also rebuked politicians for commenting
on the case while it was still proceeding.
The previous month, a French court
awarded LVMH, the parent company of Louis Vuitton, nearly $ 61m in
compensation for fraudulent items sold
on eBay.
In addition, the administration greatly expanded the TIF program, which
awards grants to high - need districts to fund performance - based
compensation systems, and established a new rule for winning applications: proposals would need to differentiate teacher and principal effectiveness, based in significant part
on student growth, and create
compensation systems that reflected those results.