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HPQ » Topics » Other Administration.

This excerpt taken from the HPQ DEF 14A filed Jan 27, 2010.
Other Administration. The Board or a Committee may delegate to an authorized officer or officers of the Company the power to approve Awards to persons eligible to receive Awards under the Plan who are not (A) subject to Section 16 of the Exchange Act or (B) at the time of such approval, “covered employees” under Section 162(m) of the Code.

 

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