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CB » Topics » Compensation Policies

This excerpt taken from the CB DEF 14A filed Mar 23, 2006.
Compensation Policies

Our compensation program is designed to align shareholders’ interests with our business strategy, values and management initiatives based on the following principles:

·       a substantial portion of management’s compensation should depend on our overall financial performance;

·       members of senior management should be encouraged to own our stock;

·       we should attract and retain superior executives by providing them with the opportunity to earn competitive total compensation packages that are aligned with company and individual performance;

·       we should reward individual results by recognizing performance through salary, annual cash incentives and long-term incentives; and

·       we should manage compensation based on the level of skill, knowledge, effort and responsibility needed to perform the job successfully.

This excerpt taken from the CB DEF 14A filed Mar 25, 2005.

Compensation Policies

        Our compensation program is designed to align shareholder interests with our business strategy, values and management initiatives based on the following principles:

    •
    a substantial portion of management's compensation should depend on our overall financial performance;

    •
    members of senior management should be encouraged to own our stock;

    •
    we should attract and retain superior executives by providing them with the opportunity to earn competitive total compensation packages that are aligned with company and individual performance;

    •
    we should reward individual results by recognizing performance through salary, annual cash incentives and long-term incentives; and

    •
    we should manage compensation based on the level of skill, knowledge, effort and responsibility needed to perform the job successfully.

EXCERPTS ON THIS PAGE:

DEF 14A
Mar 23, 2006
DEF 14A
Mar 25, 2005

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Majestic Capital, Ltd. (CRMH)
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