Not exact matches
In addition to cash salaries, some staffers were
given bonuses and
equity in the business and these
awards were set aside in a special entity.
Better yet, no performance
equity awards are
given if a minimum performance is not achieved.
As surveillance over executive compensation escalates, Bloomberg reported that Six Flags Entertainment Corp (NYSE: SIX) and Tempur Sealy International Inc (NYSE: TPX) have «
awarded millions of dollars in stock to top bosses and
given the
equity a unique value: zero.»
His analysis of the result in LAC Minerals Ltd. v. International Corona Resources Ltd., [1989] 2 S.C.R. 574, 61 D.L.R. (4th) 14, misses the point that the
award of the constructive trust (for the violation of an obligation of confidentiality) achieved almost perfect compensation: the
award gave Corona the kind of
equity stake in the property that it would have had had it been able to buy the property which Lac bought from under its nose.