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These excerpts taken from the CYMI 10-K filed Feb 27, 2009. Award
Targets: Equity awards will be
granted under Cymer’s Amended And Restated 2005 Equity Incentive Plan or any
successor equity incentive plan (“Incentive Plan”) and may include any of the
following equity vehicles: performance-based vesting restricted stock units (“PRSUs”),
restricted stock units (“RSUs”), stock options, and/or any other equity awards
permitted under the Incentive Plan. All potential equity awards granted under
the LTIP will be based on a target dollar amount which is benchmarked annually
against similarly-sized companies within our industry. This target dollar award is then converted
into equity awards by dividing an average fair value of the equity vehicle into
the target dollar award to determine the size of the equity award (the “equity
guideline”). The equity guideline is tied to the position level held at the
time of the grant and is expressed as a number of shares subject to the equity
awards (i.e., participants at the same position level are eligible to receive
similar-sized equity awards).
Award Targets: Equity awards will be granted under Cymer’s Amended And Restated 2005 Equity Incentive Plan or any successor equity incentive plan (“Incentive Plan”) and may include any of the following equity vehicles: performance-based vesting restricted stock units (“PRSUs”), restricted stock units (“RSUs”), stock options, and/or any other equity awards permitted under the Incentive Plan. All potential equity awards granted under the LTIP will be based on a target dollar amount which is benchmarked annually against similarly-sized companies within our industry. This target dollar award is then converted into equity awards by dividing an average fair value of the equity vehicle into the target dollar award to determine the size of the equity award (the “equity guideline”). The equity guideline is tied to the position level held at the time of the grant and is expressed as a number of shares subject to the equity awards (i.e., participants at the same position level are eligible to receive similar-sized equity awards).
Award Targets: Equity awards will be granted under Cymer’s Amended And Restated 2005 Equity Incentive Plan or any successor equity incentive plan (“Incentive Plan”) and may include any of the following equity vehicles: performance-based vesting restricted stock units (“PRSUs”), restricted stock units (“RSUs”), stock options, and/or any other equity awards permitted under the Incentive Plan. All potential equity awards granted under the LTIP will be based on a target dollar amount which is benchmarked annually against similarly-sized companies within our industry. This target dollar award is then converted into equity awards by dividing an average fair value of the equity vehicle into the target dollar award to determine the size of the equity award (the “equity guideline”). The equity guideline is tied to the position level held at the time of the grant and is expressed as a number of shares subject to the equity awards (i.e., participants at the same position level are eligible to receive similar-sized equity awards).
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