AKS » Topics » Executive Compensation Program Elements

This excerpt taken from the AKS DEF 14A filed Apr 16, 2007.

Executive Compensation Program Elements

The key elements of the Company’s executive compensation program for its NEOs are:

 

   

base salary;

 

   

annual performance awards under the Company’s Annual Incentive Plan;

 

   

long-term performance awards under the Company’s Long Term Plan;

 

   

awards of stock options, restricted stock and performance-based equities under the Company’s Stock Incentive Plan (the “Stock Plan”); and

 

   

certain employee benefits, perquisites and post-employment benefits.

Each of these elements is addressed separately below.

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