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Q » Topics » RESOLVED: The shareholder of Qwest urge our Board to adopt a policy to seek shareholder approval of any extraordinary retirement benefits for senior executive officers. Implementation of this policy shall not breach any existing employment agreement or ve

This excerpt taken from the Q DEF 14A filed Mar 18, 2009.

RESOLVED:    The shareholder of Qwest urge our Board to adopt a policy to seek shareholder approval of any extraordinary retirement benefits for senior executive officers. Implementation of this policy shall not breach any existing employment agreement or vested benefit.

For purposes of this resolution, "extraordinary retirement benefits" refer to supplemental executive retirement plans ("SERPs"), or individual retirement arrangements, that provide additional service credits for years not actually worked, preferential benefit formulas, or extra payments not provided to all other managers under the Company's tax-qualified pension plan.

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