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This excerpt taken from the PBG DEF 14A filed Mar 31, 2006. Stock Ownership
Guidelines. The Committee has
established stock ownership guidelines for the Companys
key senior executives. The guidelines call for key senior
executives to own a fixed number of shares (or deferral plan
units), ranging from 15,000 for certain executives up to
175,000 shares for the Chairman and CEO. Executives must
meet or exceed the guidelines within five years of becoming a
senior executive. During the five-year period, the executive
must satisfy interim, annual targets equal to 20% of the total
requirement. The Committee has determined that each Covered
Executive has satisfied the target applicable to him.
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