MOT » Topics » General Compensation Philosophy

This excerpt taken from the MOT DEF 14A filed Mar 13, 2009.
General Compensation Philosophy
 
Our general compensation philosophy is to provide world-class reward strategies and programs that attract, retain and motivate the right people, in the right places, at the right time. We strive to provide a total compensation package that is competitive with the prevailing practices for the industries and countries in which we operate, allowing for above average total compensation when justified by business results and individual performance.
 
Our compensation, including equity grants with typical vesting over four years, is not designed to encourage excessive risk taking, but is designed to align management’s incentives with those of shareholders.
 
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