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AKS » Topics » d. Removal from the Plan.

This excerpt taken from the AKS 10-K filed Mar 2, 2006.

d. Removal from the Plan.

An executive officer may be removed from further participation in this Plan by the Committee and any other Plan Member may be removed from further participation by the EMC, and such removal shall be effective as of the date determined by the Committee or the EMC. In such a case, the Plan Member may receive, in the sole discretion of the Committee or the EMC, a prorated Performance Award, if any, based on his or her period of participation during the Performance Period in which the removal occurs.

This excerpt taken from the AKS DEF 14A filed Apr 22, 2005.

d. Removal from the Plan.

 

An executive officer may be removed from further participation in this Plan by the Committee and any other Plan Member may be removed from further participation by the EMC, and such removal shall be effective as of the date determined by the Committee or the EMC. In such a case, the Plan Member may receive, in the sole discretion of the Committee or the EMC, a prorated Performance Award, if any, based on his or her period of participation during the Performance Period in which the removal occurs.

 

EXCERPTS ON THIS PAGE:

10-K
Mar 2, 2006
DEF 14A
Apr 22, 2005

RELATED TOPICS for AKS:

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