FL » Topics » Following a Change in Control,

This excerpt taken from the FL DEF 14A filed Apr 9, 2009.

Following a Change in Control,

 

 

 

 

any reduction in base salary;

 

 

 

 

failure to continue the benefit plans and programs that apply to the executive, or the reduction of his benefits, without providing substitute comparable plans and benefits;

 

 

 

 

a material demotion or reduction in executive’s authority or responsibility (except temporarily because of illness or other absence);

This excerpt taken from the FL DEF 14A filed Apr 10, 2008.

Following a Change in Control,

 

 

 

 

any reduction in base salary;

 

failure to continue the benefit plans and programs that apply to the executive, or the reduction of his benefits, without providing substitute comparable plans and benefits;

 

a material demotion or reduction in executive’s authority or responsibility (except temporarily because of illness or other absence);

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