GVHR » Topics » Benefits to Named Executive Officers and Others

This excerpt taken from the GVHR DEF 14A filed Apr 17, 2008.

Benefits to Named Executive Officers and Others

        Awards of Stock Incentives under the Plan to eligible participants are at the discretion of the compensation committee. If the Amendment is approved, the compensation committee currently intends to make the following grants:

Gevity HR, Inc. 2005 Equity Incentive Plan

Name and Position

  Dollar Value

  Number of Units(4)
Garry J. Welsh   $ 509,870(2)   67,000(4)
James E. Hardee   $ 509,870(2)   67,000(4)
Clifford M. Sladnick     0        0     
Paul E. Benz   $ 509,870(2)   67,000(4)
Executive Group   $ 1,019,740        134,000(4)
Non-Executive Director Group   $ 480,000(3)   63,072(5)
Non-Executive Officer Employee Group     0        0     

Based on the closing share price of $7.61 on March 13, 2008.

Dollar value does not reflect adjustment for market based vesting conditions.

$60,000 cash equivalent for each non-employee director.

Subject to performance and time vesting features.

Subject to time vesting features.
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