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ALL » Topics » 1.55 Potential Parachute Payments - see Section 5.1.

These excerpts taken from the ALL 10-K filed Feb 27, 2008.

1.55           “Potential Parachute Payments” — see Section 5.1.

1.56           “Pro-rata Annual Bonus” means, in respect of the Company’s fiscal year during which the Termination Date occurs, an amount equal to the product of Executive’s Target Annual Bonus (determined as of the Termination Date) multiplied by a fraction, the numerator of which equals the number of days from and including the first day of such fiscal year through and including the Termination Date, and the denominator of which equals 365.

 

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1.57           “Pro-rata LTIP Bonus” means an amount equal to the sum of each of the following amounts:  for each LTIP Performance Period that is in effect as of a Termination Date, Executive’s LTIP Target Award for such LTIP Performance Period multiplied by a fraction, the numerator of which equals the number of days from and including the beginning of such LTIP Performance Period through and including the Termination Date, and the denominator of which equals the aggregate number of days in such LTIP Performance Period.

1.55           “Potential Parachute Payments”
— see Section 5.1.



1.56           “Pro-rata Annual Bonus” means,
in respect of the Company’s fiscal year during which the Termination Date
occurs, an amount equal to the product of Executive’s Target Annual Bonus
(determined as of the Termination Date) multiplied by a fraction, the numerator
of which equals the number of days from and including the first day of such
fiscal year through and including the Termination Date, and the denominator of
which equals 365.



 



6















 



1.57           “Pro-rata LTIP Bonus” means an
amount equal to the sum of each of the following amounts:  for each LTIP Performance Period that is in
effect as of a Termination Date, Executive’s LTIP Target Award for such LTIP
Performance Period multiplied by a fraction, the numerator of which equals the
number of days from and including the beginning of such LTIP Performance Period
through and including the Termination Date, and the denominator of which equals
the aggregate number of days in such LTIP Performance Period.



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 27, 2008

RELATED TOPICS for ALL:

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