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This excerpt taken from the EYE DEF 14A filed Apr 20, 2006. Equity Incentives. In May 2005, the Board granted to Mr. Mazzo
nonqualified options to purchase 185,000 shares of our common stock. The
committee considered a number of factors in determining the number of options,
including competitive market data, the performance of the businesses and Mr. Mazzo’s
individual performance in leading successful corporate initiatives. The Board
also established a target for Mr. Mazzo’s 2005 performance award based on
the same total shareholder return criteria as discussed above for the other
executive officers, with a maximum dollar value of $570,000 if we achieved 75th percentile total
shareholder return. Like the other corporate officers, Mr. Mazzo received
no shares of restricted stock under this grant because our total shareholder
return did not exceed the 50th percentile in 2005. In February 2006, we established
targets for Mr. Mazzo’s 2006 performance award, providing up to $750,000
in restricted stock if AMO’s total shareholder return is in the 50th to
75th percentile range within the identified
comparator group for 2005-2006.
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