XIDE » Topics » Employee costs

This excerpt taken from the XIDE 10-K filed Jun 29, 2005.

Employee costs

 

The Company implemented a Bankruptcy Court-approved retention plan that provided cash incentives to key members of the Company’s management team. The retention plan was a milestone-based plan established to encourage employees to continue their employment through the reorganization process.

 

This excerpt taken from the XIDE 10-K filed Mar 1, 2005.

Employee costs

 

The Company has implemented a Bankruptcy Court-approved retention plan that provides for cash incentives to key members of the Company’s management team. The retention plan is a milestone-based plan expected to encourage employees to continue their employment through the reorganization process. During fiscal years 2004 and 2003, the Company recognized charges of $2,169 and $1,675 related to this program, respectively.

 

This excerpt taken from the XIDE 10-Q filed Feb 14, 2005.

Employee costs

 

The Company implemented a Bankruptcy Court-approved retention plan that provided for cash incentives to key members of the Company’s management team. The retention plan was a milestone-based plan established to encourage employees to continue their employment through the reorganization process.

 

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Table of Contents

EXIDE TECHNOLOGIES AND SUBSIDIARIES

 

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

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