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This excerpt taken from the LLTC DEF 14A filed Sep 23, 2009. Eligibility to Participate The Bonus Plan will be administered by the Compensation Committee of the Board or such other committee designated by the Board consistent with the requirements of Section 162(m) (the Committee). The Committee selects which of our employees (and employees of our affiliates) will be eligible to receive awards under the Bonus Plan. The actual number of employees who will be eligible to receive an award during any particular year cannot be determined in advance because the Committee has discretion to select the participants. However, it is expected that approximately five executives will participate in the Bonus Plan in any year. |
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