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This excerpt taken from the JBX DEF 14A filed Jan 9, 2009. Equity
Awards
Each non-employee director may receive an annual stock option
grant under the 2004 Stock Incentive Plan at the Board’s
September meeting, subject to approval of the Committee. The
number of stock options granted in September 2008 is based on a
targeted total direct compensation value relative to our
industry peer group and companies of similar size in the retail
industry. These stock options vest six months after the grant
date and have an exercise price equal to the closing price of
Jack in the Box Inc. common stock on the date of grant.
Table of Contents
This excerpt taken from the JBX DEF 14A filed Jan 16, 2008. Equity
Awards
Each non-employee director may receive an annual stock option
grant at the Board’s September meeting under the 2004 Stock
Incentive Plan. The number of stock options granted is based on
a targeted total direct compensation value at the
50th percentile of market data for companies with a market
cap similar to Jack in the Box. These stock options vest six
months after the grant date and have an exercise price equal to
the closing price of Jack in the Box Inc. common stock on the
date of grant.
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