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AAPL » Topics » Objectives of the Companys Compensation Program

This excerpt taken from the AAPL DEF 14A filed Apr 16, 2007.

Objectives of the Company’s Compensation Program

It is the Company’s objective and philosophy to align compensation programs with shareholders’ interests and the Company’s business objectives, reward outstanding performance, be externally competitive and internally equitable, and retain entrepreneurial and innovative top talent on a long-term

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basis. This is achieved through a straightforward compensation package that relies on equity compensation and limits cash compensation and perquisites.

"Objectives of the Companys Compensation Program" elsewhere:

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