IPSU » Topics » Purpose

This excerpt taken from the IPSU DEF 14A filed Dec 17, 2009.

Purpose

 

The executive compensation program has been designed to accomplish the following long-term objectives:

 

   

provide competitive compensation and benefits (relative to an appropriate peer group of companies) that will enable the Company to recruit, retain and motivate the executive talent necessary to be successful;

 

   

create a clear and direct relationship between executive pay and corporate and individual performance;

 

   

produce long-term, positive results for the Company’s shareholders that are aimed at increasing shareholder value; and

 

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provide executives with opportunities to earn long-term rewards that are commensurate with sustained increases achieved in shareholder value.

 

This excerpt taken from the IPSU DEF 14A filed Dec 17, 2008.

Purpose

 

The executive compensation program has been designed to accomplish the following long-term objectives:

 

   

create a proper balance between building shareholder wealth and executive compensation while maintaining good corporate governance;

 

   

produce long-term, positive results for the Company’s shareholders;

 

   

align executive compensation with performance and appropriate peer group comparisons; and

 

   

provide market-competitive compensation and benefits that will enable the Company to recruit, retain and motivate the executive talent necessary to be successful.

 

This excerpt taken from the IPSU DEF 14A filed Dec 18, 2007.

Purpose

 

The executive compensation program has been designed to accomplish the following long-term objectives:

 

   

create a proper balance between building shareholder wealth and executive compensation while maintaining good corporate governance;

 

   

produce long-term, positive results for the Company’s shareholders;

 

   

align executive compensation with performance and appropriate peer group comparisons; and

 

   

provide market-competitive compensation and benefits that will enable the Company to recruit, retain and motivate the executive talent necessary to be successful.

 

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