Sentences with phrase «named executive officers»

We have entered into offer letter agreements with our named executive officers that, among other things, provide for certain change in control benefits, as well as severance benefits for our named executive officers.

We previously entered into employment agreements with each of the named executive officers which were effective during fiscal 2011.

The following table highlights certain items contained in the new employment agreements for the named executive officers.

In accordance with the foregoing, on May 8, 2012, we entered into a new employment agreement with each of the named executive officers.

The new compensation arrangements also include the potential future grant of stock option awards to our named executive officers (described further in footnotes (4) and (5) to the table below), the grant to be effective on the date of this offering.

* $ 7.0 million in debt, * $ 3.1 million of accrued liabilities at December 31, 2008, * $ 3.1 million of remaining building lease obligations, net of potential subleases, * $ 2.2 million of estimated severance for Named Executive Officers, * $ 5.0 million of estimated operating expenses for the six months ended June 30, 2009, * $ 2.3 million of estimated winddown and other transaction costs,

The performance objectives allow the named executive officers to earn a cash bonus up to a specified percentage of their base salary if Adams Golf achieves at least a specified threshold of the above metrics.

Our Annual Management Incentive Compensation Plan provides our named executive officers and key employees an opportunity to earn a semi-annual cash bonus for achieving specified performance - based goals established for the fiscal year.

This column sets forth the grant date fair value of options to purchase shares of the Company's common stock granted to the named executive officers during each fiscal year.

Based on this review and discussions with its compensation consultant, the Compensation Committee set the base salaries of the Named Executive Officers to those shown in the table below, effective February 1, 2015:

In addition, for some Named Executive Officers there are minimum required purchase amounts.

The Compensation Committee determined that modest increases to the Named Executive Officers» base salaries would assist with retention of those officers.

Annual bonuses (consisting of cash plus the full value of Earnings Bonus Units awards) for the Named Executive Officers were increased about 40 percent compared to 2009, except for Messrs. Humphreys and Dolan whose awards increased about 50 percent.

The vesting of all outstanding stock options under the Long - Term Equity Incentive Plan, including those held by our named executive officers, will accelerate if:

For Named Executive Officers other than Mr. Benioff, stock awards consist only of restricted stock unit awards.

entered into Change of Control and Retention Agreements with each of the Named Executive Officers that provide them with certain payments and benefits in the event of the termination of their employment within the three - month period prior to, or the 18 month period following, a change of control of the Company (referred to as the «change of control period»).

In fiscal 2014, performance - based cash bonuses comprised 1.1 % of our CEO's total compensation and an average of 1.2 % of our other named executive officers» total compensation as a group.

The following table provides summary information concerning cash, equity and other compensation awarded to, earned by, or paid to the following named executive officers:

Under the Stock Ownership Guidelines, our named executive officers must own the following number of shares of Oracle common stock by 2016:

The amounts of all perquisites and other personal benefits provided to our named executive officers are reported in the All Other Compensation column of the Summary Compensation Table below.

The Compensation Committee firmly believes in pay - for - performance and has therefore structured executive compensation so that over 90 % of Mr. Iger's compensation (and over 80 % of the compensation of other named executive officers) depends on the Company's financial results and the performance of Disney stock.

The financial measure used in the Executive Bonus Plan (as defined below) for each of our named executive officers, other than Mr. Fowler, is year - over-year growth in Oracle's non-GAAP pre-tax profits, as defined below.

As for executive compensation, all of the company's five named executive officers received 17 per cent more in 2017 than they did in 2016; meanwhile its total return was down by 46 per cent.

In this section we discuss and analyze the compensation of our principal executive and financial officers and our three other most highly compensated executive officers (the «named executive officers») for the fiscal year ended May 31, 2014.

«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.

The following table sets forth information regarding outstanding stock options and stock awards held by our named executive officers as of December 31, 2012:

Unlike named executive officers, directors do not directly manage the Company and are not compensated for achieving individual performance metrics.

The Compensation Committee further believes that over-reliance on benchmarking can result in compensation that is unrelated to the value delivered by the named executive officers because compensation benchmarking does not take into account the specific performance of the named executive officers or the performance of the Company.

F.W. Cook also provided general observations about the Company's compensation programs, but it did not determine or recommend the amount or form of compensation for the named executive officers.

Otherwise, the FY2015 - FY2017 LTI plan (including the three - year average annual EPS growth rate goals described above and the threshold, target and maximum payouts) for the named executive officers is consistent with the terms of the LTI program as described above.

SUPPORTING STATEMENT: Our Company has a policy under which it pays the taxes on restricted stock awards received by named executive officers.

As with tenure, position and level of responsibility are important factors in the compensation of any FedEx employee, including our named executive officers.

Other named executive officers are expected to own shares that have a value equal to three times their base salary.

To further enhance the link between named executive officers» and shareholders» interests, the Company implemented stock ownership guidelines for named executive officers to supplement the guidelines that were implemented for Mr. Cook in November 2012.

Historically, our board of directors has reviewed anonymous private company compensation surveys in setting the compensation of our named executive officers.

The following table sets forth information regarding outstanding stock options held as of December 31, 2009 by our named executive officers other than Mr. Weisberg.

Our named executive officers, consisting of our principal executive officer and the next two most highly compensated executive officers as of December 31, 2016, were:

The following table sets forth the stock option grants we made to our named executive officers in the third and fourth quarters of 2009:

The Executive Bonus Plan is an incentive bonus plan under which certain key executives, including our named executive officers, will be eligible to receive bonus payments.

For our named executive officers, who are employed on an at - will basis, we provide few perquisites and generally do not provide cash bonuses other than in a new - hire context.

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

Twitter executives, including the Named Executive Officers, participate in the same benefits plans and programs that all other Twitter employees in the same geographies they are based.

Each of our Named Executive Officers has entered into a written, at - will employment offer letter with us.

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 --

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 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.»

We refer to these executive officers as our «named executive officers.»

We intend to adopt a 2015 Incentive Award Plan in order to facilitate the grant of cash and equity incentives to directors, employees (including our named executive officers) and consultants of our Company and certain of its affiliates and to enable our Company and certain of its affiliates to obtain and retain services of these individuals, which is essential to our long - term success.

During 2014, the employment of our named executive officers was not subject to the terms and conditions of any employment agreements.

During 2013, we did not have employment agreements with any of our named executive officers.