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This excerpt taken from the MLM DEF 14A filed Apr 21, 2009. EXECUTIVE
COMPENSATION
Executive
Officer Compensation
The following tables show annual and long-term compensation
earned by the Chief Executive Officer, the Chief Financial
Officer and the next three most highly compensated executive
officers for the year ended December 31, 2008 for services
in all capacities to the Corporation. Other than compensation
paid by the Corporation as set forth below, no annual or
long-term compensation of any kind was paid to the Chief
Executive Officer or other named executive officers of the
Corporation in the year ended December 31, 2008. These
tables and the accompanying narratives should be read in
conjunction with the Compensation Discussion and Analysis
section of this proxy statement, which provides a detailed
overview of the methods used by the Corporation to compensate
its officers, including the named executive officers.
Summary
Compensation Table
The table below summarizes the total compensation paid or earned
by each of the named executive officers for the fiscal year
ended December 31, 2008. The Corporation has not entered
into any employment agreements with any of the named executive
officers.
Based on the fair value of equity awards granted to the named
executive officers in 2008 and the base salary of the named
executive officers, the base salary accounted for approximately
22% of the total compensation of the Chief Executive Officer and
approximately 30% of the total compensation of the other named
executive officers, while incentive compensation including the
cash bonus accounted for more than 70% of the total compensation
of each of the named executive officers. Because the value of
certain equity awards included below is based on the
FAS 123(R) value, these percentages may not be able to be
derived using the amounts reflected in the table below.
33
Table of Contents
This excerpt taken from the MLM DEF 14A filed Apr 22, 2008. EXECUTIVE
COMPENSATION
Executive
Officer Compensation
The following tables show annual and long-term compensation
earned by the Chief Executive Officer, the Chief Financial
Officer and the next three most highly compensated executive
officers for the year ended December 31, 2007 for services
in all capacities to the Corporation. Other than compensation
paid by the Corporation as set forth below, no annual or
long-term compensation of any kind was paid to the Chief
Executive Officer or other named executive officers of the
Corporation in the year ended December 31, 2007. These
tables and the accompanying narratives should be read in
conjunction with the Compensation Discussion and Analysis
section of this proxy statement, which provides a detailed
overview of the methods used by the Corporation to compensate
its officers, including the named executive officers.
Summary
Compensation Table
The table below summarizes the total compensation paid or earned
by each of the named executive officers for the fiscal year
ended December 31, 2007. The Corporation has not entered
into any employment agreements with any of the named executive
officers.
Based on the fair value of equity awards granted to the named
executive officers in 2007 and the base salary of the named
executive officers, the base salary accounted for approximately
22% of the total compensation of the Chief Executive Officer and
approximately 30% of the total compensation of the other named
executive officers, while incentive compensation including the
cash bonus accounted for more than 70% of the total compensation
of each of the named executive officers. Because the value of
certain equity awards included below is based on the
FAS 123(R) value, these percentages may not be able to be
derived using the amounts reflected in the table below.
33
This excerpt taken from the MLM DEF 14A filed Apr 18, 2007. EXECUTIVE
COMPENSATION
Executive
Officer Compensation
The following tables show annual and long-term compensation
earned by the Chief Executive Officer, the Chief Financial
Officer and the next four most highly compensated executive
officers for the year ended December 31, 2006 for services
in all capacities to the Corporation. Other than compensation
paid by the Corporation as set forth below, no annual or
long-term compensation of any kind was paid to the Chief
Executive Officer or other named executive officers of the
Corporation in the year ended December 31, 2006. These
tables and the accompanying narratives should be read in
conjunction with the Compensation Discussion and Analysis
section of this proxy statement, which provides a detailed
overview of the methods used by the Corporation to compensate
its officers, including the named executive officers.
Summary
Compensation Table
The table below summarizes the total compensation paid or earned
by each of the named executive officers for the fiscal year
ended December 31, 2006. The Corporation has not entered
into any employment agreements with any of the named executive
officers.
Based on the fair value of equity awards granted to the named
executive officers in 2006 and the base salary of the named
executive officers, the base salary accounted for approximately
22% of the total compensation of the Chief Executive Officer and
approximately 30% of the total compensation of the other named
executive officers, while incentive compensation including the
cash bonus accounted for more than 70% of the total compensation
of each of the named executive officers. Because the value of
certain equity awards included below is based on the
FAS 123(R) value, these percentages may not be able to be
derived using the amounts reflected in the table below.
31
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