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C » Topics » 2009 DEFERRED CASH EXECUTIVE RETENTION AWARD PLAN

These excerpts taken from the C 10-K filed Feb 27, 2009.

2009 DEFERRED CASH EXECUTIVE RETENTION AWARD PLAN

Purpose

Citigroup Inc. (the “Company”) adopted the Deferred Cash Retention Award Plan, effective as of January 1, 2008 (the “Plan”). The Plan is hereby amended and restated, effective as of January 1, 2009, and has been renamed the “2009 Deferred Cash Executive Retention Award Plan”. The purpose of the Plan is to provide certain key executives with cash retention awards under the terms and conditions described in the Plan.

2009 DEFERRED CASH EXECUTIVE RETENTION AWARD PLAN

Purpose

Citigroup Inc. (the “Company”) adopted the Deferred Cash Retention Award Plan, effective as of January 1, 2008 (the “Plan”). The Plan is hereby amended and restated, effective as of January 1, 2009, and has been renamed the “2009 Deferred Cash Executive Retention Award Plan”. The purpose of the Plan is to provide certain key executives with cash retention awards under the terms and conditions described in the Plan.

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 27, 2009

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