CL » Topics » Administration; Eligible Participants.

This excerpt taken from the CL DEF 14A filed Mar 30, 2005.
Administration; Eligible Participants. The Plan is administered by the P&O Committee, which consists entirely of independent directors. The Committee selects participants from among those executives and other key employees of the Company and its subsidiaries who are in a position to contribute materially to the success of the Company and determines the amounts, times, forms, terms and conditions of grants. Approximately 1,200 employees, including the Named Officers, will be eligible for annual grants under the Plan.


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