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This excerpt taken from the PBI DEF 14A filed Mar 26, 2009. Executive Benefits We provide a financial counseling benefit to executives to enable them to ensure compliance with increasingly complex rules and regulations of pay and to provide assistance to executives in managing complex investment, tax, legal and estate matters to ensure that they have balanced portfolios. The company believes that maintaining a financial counseling program supports the companys objective of aligning executives interests with Pitney Bowes stockholders while enabling executives to make appropriate strategic decisions on behalf of the company. Pitney Bowes provides a financial counseling benefit of up to $21,000 for the named executive officers. See the All Other Compensation column of the Summary Compensation Table on page 29. |
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