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This excerpt taken from the AAPL DEF 14A filed Mar 13, 2006. Change of Control Arrangements Except with respect to the provisions of certain equity awards, as described in Change of Control ArrangementsStock Options, Restricted Stock and Restricted Stock Units, executive officers do not have change of control agreements. Moreover, none of the executive officers have any agreement with Apple to be grossed up with respect to any golden parachute excise taxes. |
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