This excerpt taken from the GVHR 8-K filed Dec 20, 2005.
Long Term Incentive - Commencing on January 1, 2006, you will participate in the Companys Long Term Incentive Plan for executives that will provide you with a target equity incentive, generally in the form of a Stock Option grant, with a value equal to 120% of your base salary at the target level of performance, 90% at threshold and 180% at superior as determined by the Black-Scholes valuation method (or such subsequently adopted valuation method). The actual annual award will be recommended by Mr. Vonk to the Compensation Committee of the Board, based on the overall performance of the Company and the contribution of the disciplines under your direct control.
you choose, the Companys contribution toward coverage commences on the first of the month following 90 days of employment. If you do not enroll within your first 60 days of employment, you must wait for the next annual enrollment period or qualifying event. In addition, you will be eligible to participate in our benefit plans including a 401(k) consistent with other executives of the Company. A detailed summary will be provided to you.
such agreement provided to you for the specific terms and conditions