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This excerpt taken from the LLTC DEF 14A filed Sep 26, 2007. Compensation Discussion and Analysis Overview of Compensation Program The Company's compensation program is overseen and administered by the Compensation Committee, which is comprised entirely of independent directors determined in accordance with various NASDAQ, SEC and Internal Revenue Code rules. The Compensation Committee ensures that the total compensation paid to the Company's executive officers is fair, reasonable and competitive. The Compensation Committee operates under a written charter adopted by the Board. A copy of the Compensation Committee charter can be found on the Company's website at www.linear.com. Generally, the form and type of compensation and benefits provided to the Named Executive Officers, as defined in the Beneficial Security Ownership Table on page 10, are similar to those provided to the Company's other executive officers. |
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