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This excerpt taken from the KNXA DEF 14A filed Apr 13, 2006. Base Salary The compensation committee annually reviews the salaries of our executives. When setting base salary levels, in a manner consistent with the objectives outlined above, the compensation committee considers (a) competitive market conditions for executive compensation, (b) our performance and (c) the individual's performance. As is typical for most companies, payment of base salary is not conditioned upon the achievement of any specific, pre-determined performance targets. |
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