This excerpt taken from the HAS DEF 14A filed Apr 16, 2007.
Primary Elements of 2006 Executive Compensation
Executive compensation for fiscal year 2006 was composed of four primary elements:
The Company uses these four elements in the combination it believes appropriately divides the compensation of its executives among fixed and variable components. Some variable compensation is tied to achievement of yearly financial objectives. Other compensation, such as option grants vesting over multiple years and performance share awards with multi-year performance periods, are tied to the achievement of longer-term financial goals and the creation of longer-term shareholder value. In general the Company seeks to have a total compensation package for its executive officers that is between the 50th and 75th percentiles of compensation at comparable benchmarked companies, while at the same time having this overall compensation package significantly comprised of variable performance-based elements. The Company believes this fosters a performance-driven mentality and best serves the interests of the Company and its stakeholders since the compensation of the Companys executives is significantly dependent upon achievement of the Companys financial goals and the creation of shareholder value. Each of these compensation elements is described in detail below.