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EBAY » Topics » Payment of Incentive Awards

This excerpt taken from the EBAY DEF 14A filed May 16, 2005.
Payment of Incentive Awards
    Following the Compensation Committee’s determination of Incentive Awards to be paid, those Incentive Awards will generally be paid in cash (subject to any election made by an eligible employee to defer all or a portion of the Incentive Award, if permitted to do so) or equity pursuant to an eBay equity-based award plan under which securities have been registered on Form S-8.
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