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This excerpt taken from the PNC 10-K filed Feb 29, 2008. 4. Eligibility Director Shares shall be awarded only to Non-Employee Directors, including members of the Committee, as provided in Article 6. This excerpt taken from the PNC 10-Q filed May 9, 2007. ELIGIBILITY All employees of the Employer whose Compensation payable for services rendered during a calendar year exceeds $150,000 and who shall be approved by the Committee for participation shall be eligible to participate in the Plan; provided, however, that any such employees who have entered into individual deferred compensation agreements (pursuant to which such employees voluntarily elect to defer any portion of their current compensation) with the Employer on or before January 1, 1994, shall not be eligible to participate in the Plan (unless or until otherwise determined by the Board).
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