Reddy Ice Holdings (FRZ)

Stock Ownership Guidelines

        We historically have not had any guidelines or policies that require our executive officers to maintain certain levels of ownership of the Company's stock. On April 14, 2009, our compensation committee adopted stock ownership guidelines applicable to our Chief Executive Officer and each of our Executive Vice Presidents. The stock ownership guidelines are voluntary, and provide that the executive should, within five years of the later of the adoption of the guidelines or the executive being named to a position covered by the guidelines, maintain stock ownership equal in value to a multiple of base salary—three times base salary, in the case of the Chief Executive Officer, and two times base salary, in the case of each Executive Vice President. Prior to the completion of the five year phase in period, our compensation committee will monitor each executive's progress relative to the guidelines. All shares owned by the executive, including any unvested restricted shares, will be counted toward the executive's attainment of the stock ownership guidelines.

Stock Ownership Guidelines

        We currently do not have any guidelines or policies that require our executive officers to maintain certain levels of ownership of the Company's stock. We expect our compensation committee to consider this issue in the future.

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Stock Ownership Guidelines

We currently do not have any guidelines or policies that require our executive officers to maintain certain levels of ownership of the Company’s stock. We expect our compensation committee to consider this issue in the future.