This excerpt taken from the AAPL DEF 14A filed Jan 12, 2010.
No Employment Agreements or Other Arrangements
The named executive officers are employed at will. Based on the Companys philosophy, the compensation program for the named executive officers, including Mr. Jobs, does not include any of the following pay practices:
In addition, the Company generally does not provide any perquisites or change in control benefits to the named executive officers that are not available to other employees.