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This excerpt taken from the IBI DEF 14A filed Apr 10, 2006. VI. Payment of Bonus Awards
Except as provided in Article VIII below, Bonus Awards earned during any Performance Period shall be paid as soon as practicable following the end of such Performance Period and the determination of the amount thereof shall be made by the Committee. Payment of Bonus Awards shall be made in the form of cash. Bonus Award amounts earned but not yet paid will not accrue interest. B-3 |
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