GVHR » Topics » Voluntary Stock Ownership Guidelines

These excerpts taken from the GVHR 10-K filed Apr 30, 2009.

Voluntary Stock Ownership Guidelines

 

Our named executive officers are encouraged to be Gevity shareholders, and beneficial ownership of our shares is intended to fully align the interests of Gevity’s named executive officers with the interests of our shareholders, further promote our commitment to sound corporate governance and signify leadership’s confidence in our business. These guidelines encourage covered individuals to achieve certain goals concerning the ownership of our common stock within five years after becoming subject to the guidelines. Our CEO is encouraged to own shares of our common stock having a value of not less than five times his annual base salary, our named executive officers with line responsibility are encouraged to own shares of our common stock having a value of not less than two times their annual base salary and our named executive officers with staff responsibilities are encouraged to own shares of our common stock having a value not less than their annual base salaries.

 

Compensation Paid to Named Executive Officer Who Departed in 2008

 

Voluntary Stock Ownership
Guidelines



 



Our named executive officers
are encouraged to be Gevity shareholders, and beneficial ownership of our
shares is intended to fully align the interests of Gevity’s named executive
officers with the interests of our shareholders, further promote our commitment
to sound corporate governance and signify leadership’s confidence in our
business. These guidelines encourage covered individuals to achieve certain
goals concerning the ownership of our common stock within five years after
becoming subject to the guidelines. Our CEO is encouraged to own shares of our
common stock having a value of not less than five times his annual base salary,
our named executive officers with line responsibility are encouraged to own
shares of our common stock having a value of not less than two times their
annual base salary and our named executive officers with staff responsibilities
are encouraged to own shares of our common stock having a value not less than
their annual base salaries.



 



Compensation Paid to Named Executive Officer
Who Departed in 2008



 



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

Voluntary Stock Ownership Guidelines

        Our named executive officers are encouraged to be Gevity shareholders, and beneficial ownership of our shares is intended to fully align the interests of Gevity's executive officers with the interests of our shareholders, further promote our commitment to sound corporate governance and signify leadership's confidence in our business. These guidelines encourage covered individuals to achieve certain goals concerning the ownership of our common stock within five years after becoming subject to the guidelines. Our CEO is encouraged to own shares of our common stock having a value of not less

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than five times his annual base salary, our named executive officers with line responsibility are encouraged to own shares of our common stock having a value of not less than two times their annual base salary and our named executive officers with staff responsibilities are encouraged to own shares of our common stock having a value not less than their annual base salaries.

This excerpt taken from the GVHR DEF 14A filed Apr 12, 2007.
Voluntary Stock Ownership Guidelines
 
Non-employee directors and our named executive officers are encouraged to be Gevity shareholders, and beneficial ownership of our shares is intended to fully align the interests of Gevity’s directors and executive officers


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Table of Contents

with the interests of its shareholders, further promote our commitment to sound corporate governance, and signify leadership’s confidence in our business. These guidelines encourage covered individuals to achieve certain goals concerning the ownership of our common stock within five years after becoming subject to the guidelines. Non-employee directors are encouraged to own shares of our common stock having a value of not less than five times the amount of the annual fee paid to them for serving as a board member. With respect to our executives, our CEO is encouraged to own shares of our common stock having a value of not less than five times his annual base salary, our named executive officers with line responsibility are encouraged to own shares of our common stock having a value of not less than two times their annual base salary and our named executive officers with staff responsibilities are encouraged to own shares of our common stock having a value not less than their annual base salaries.
 
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