This excerpt taken from the XOM 10-K filed Feb 26, 2010.
Properties
The Company owns or leases various venues for the purpose of business entertainment, including boxes and season tickets to sporting events and
recreation and conference retreat properties. When these venues are not otherwise in use for business entertainment, the tickets and properties may be available for use by Company executives and other personnel.
The table shows the incremental cost incurred for any personal use of these venues by the Named Executive Officers.
Cost for this purpose is based solely on incremental operating costs (catering, transportation, incremental employee or contractor costs, etc.) and
does not include annual or capital costs of these venues since the Company already incurs these costs for business purposes.
This excerpt taken from the XOM DEF 14A filed Apr 13, 2009.
Properties
The Company owns or leases various venues for the purpose of business entertainment, including boxes and season tickets to sporting events and recreation and conference
retreat properties. When these venues are not otherwise in use for business entertainment, the tickets and properties may be available for use by Company executives and other personnel.
The table shows the incremental cost incurred for any personal use of these venues by the Named Executive Officers.
Cost for this purpose is based solely on incremental operating costs (catering, transportation, incremental employee or contractor costs, etc.) and does not include annual or
capital costs of these venues since the Company already incurs these costs for business purposes.
This excerpt taken from the XOM DEF 14A filed Apr 10, 2008.
Properties
The Company owns or leases various venues for the purpose of business entertainment, including boxes and season tickets to sporting events and recreation and conference
retreat properties. When these venues are not otherwise in use for business entertainment, the tickets and properties may be available for use by Company executives and other personnel.
The table shows the incremental cost incurred for any personal use of these venues by the Named Executive Officers.
Cost for this purpose is based solely on incremental operating costs (catering, transportation, incremental employee or contractor costs, etc.) and does not include annual or
capital costs of these venues since the Company already incurs these costs for business purposes.