ACLI » Topics » Cash Compensation - Base Salary

This excerpt taken from the ACLI DEF 14A filed Apr 13, 2009.
Cash Compensation — Base Salary
 
Each Named Executive Officer receives a base salary commensurate with the scope and responsibility of his/her position. The base salary is established giving due consideration to the Named Executive Officer’s knowledge, experience, expertise and abilities. The Named Executive Officer’s expected contributions are also considered.
 
The Named Executive Officer has the opportunity to receive increases and, in certain circumstances, decreases in base salary based on individual performance and company performance although changes in executive compensation are mainly provided through performance-oriented components of executive compensation.
 
The Company believes that offering competitive base salaries is necessary to attract and retain talented executives who will help maximize the short and long-term value of the Company.
 
This excerpt taken from the ACLI DEF 14A filed Apr 18, 2008.
Cash Compensation — Base Salary
 
Each Named Executive Officer receives a base salary commensurate with the scope and responsibility of his position. The base salary is established giving due consideration to the Named Executive Officer’s knowledge, experience, expertise and abilities. The Named Executive Officer’s expected contributions are also considered.
 
The Named Executive Officer has the opportunity to receive increases and, in certain circumstances, decreases in base salary based on individual performance and company performance although changes in executive compensation are mainly provided through performance-oriented components of executive compensation.
 
The Company believes that offering competitive base salaries is necessary to attract and retain talented executives who will help maximize the short and long-term value of the Company.
 
This excerpt taken from the ACLI DEF 14A filed Apr 19, 2007.
Cash Compensation — Base Salary
 
Each executive receives a base salary commensurate with the scope and responsibility of his or her position. The base salary is established giving due consideration to the executive’s knowledge, experience, expertise and abilities. The executive’s expected contributions are also considered.
 
The executive has the opportunity to experience increases and, in certain circumstances, decreases in base salary based on individual performance and company performance although changes in executive compensation are mainly provided through performance-oriented components of executive compensation.
 
The Company believes that offering competitive base salaries is necessary to attract and retain talented executives who will help maximize the short and long-term value of the Company.
 

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