DVN » Topics » Long-Term Incentive Plan

This excerpt taken from the DVN DEF 14A filed Apr 24, 2009.
Long-Term Incentive Plan
 
The Compensation Committee is authorized to provide in the award agreements for the acceleration of any unvested portion of any outstanding awards under our 2005 Long-Term Incentive Plan upon a change in control, retirement or disability. Awards automatically vest upon the death of the executive.
 
Long-Term Incentive Plan
 
The Compensation Committee is authorized to provide in the award agreements for the acceleration of any unvested portion of any outstanding awards under our 2005 Long-Term Incentive Plan upon a change in control, retirement or disability. Awards automatically vest upon the death of the executive.
 
 
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Commitment Runs Deep


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Long-Term Incentive Plan
 
The Compensation Committee is authorized to provide in the award agreements for the acceleration of any unvested portion of any outstanding awards under our 2005 Long-Term Incentive Plan upon a change in control, retirement or disability. Awards automatically vest upon the death of the executive.


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Table of Contents

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