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This excerpt taken from the HBI DEF 14A filed Mar 12, 2009. Base
Salary
The base salaries for our named executive officers are
determined based on their experience and the scope of their
responsibilities, both on an individual basis and in relation to
the experience and scope of responsibilities of other
executives. The Compensation Committee also applies the
executive compensation benchmarking criteria. These factors
result in different compensation levels among the named
executive officers. Base salaries are reviewed annually, and
adjusted from time to time to reflect individual
responsibilities, performance and experience, as well as market
compensation levels.
This excerpt taken from the HBI DEF 14A filed Mar 10, 2008. Base
Salary
The base salaries for our named executive officers are
determined based on their experience and the scope of their
responsibilities both on an individual basis and in relation to
the experience and scope of responsibilities of other
executives. The Compensation Committee also applies the
executive compensation benchmarking criteria. These factors
result in different compensation levels among the named
executive officers. Base salaries are reviewed annually, and
adjusted from time to time to reflect individual
responsibilities, performance and experience, as well as market
compensation levels. As discussed above in “2008
Actions,” in January 2008 the Compensation Committee
determined to increase the base salaries of some of our named
executive officers.
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