This excerpt taken from the LUX 6-K filed Apr 15, 2008.
4. INCENTIVE COMPENSATION PLAN IN ACCORDANCE WITH ARTICLE 114 BIS, LEGISLATIVE
The Board will submit to the holders of Ordinary Shares for approval a performance share plan for the top managers of the Company and other companies directly or indirectly controlled by the Company to be identified by the Board (the "Plan"). The Plan is intended to strengthen the loyalty of the Company's key employees and to recognize their contributions to the success of the Company on a medium- to long-term basis.
The beneficiaries of the Plan will be granted the right to receive Ordinary Shares, without consideration, at the end of a three-year vesting period and subject to achievement of certain Company performance targets to be determined by the Company's Board.
The Plan will have a term of five years, during which the Board may resolve to issue different grants to the Plan's beneficiaries. The Plan covers a maximum of 6,500,000 Ordinary Shares. Each annual grant will not exceed 2,000,000 Ordinary Shares.
An English translation of the Regulations of the Plan are set forth in Annex D attached to this Proxy Statement for the convenience of the reader; the official version is in Italian.