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C » Topics » Key Policies

This excerpt taken from the C DEF 14A filed Mar 20, 2009.
Key Policies
The current structure of compensation includes the following guidelines:
 
•  Senior executives must receive 40 percent of their nominal incentive and retention awards in shares of restricted or deferred stock, and the remainder in currently payable or deferred cash retention awards.
 
•  To the extent that Citi has entered into employment agreements with senior executives, they have generally been limited in duration and scope. Accordingly, the compensation described in the Summary Compensation Table was not generally paid pursuant to employment agreements, except as noted below.
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