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This excerpt taken from the ROST 10-Q filed Jun 10, 2009. Elective
Cash Compensation Reduction Awards. Participants designated by the Committee who are Officers, Directors or
otherwise among a select group of management or highly compensated Employees may
irrevocably elect, prior to a date specified by the Committee in compliance with
Section 409A, to reduce such Participant’s compensation otherwise payable in
cash (subject to any minimum or maximum reductions imposed by the Committee) and
to be granted automatically at such time or times as specified by the Committee
one or more Awards of Stock Units with respect to such numbers of shares of
Stock as determined in accordance with the rules of the program established by
the Committee and having such other terms and conditions as established by the
Committee.
(b) This excerpt taken from the ROST DEF 14A filed Apr 14, 2008. Elective Cash Compensation Reduction Awards.
Participants designated by the
Committee who are Officers, Directors or otherwise among a select group of
management or highly compensated Employees may irrevocably elect, prior to a
date specified by the Committee in compliance with Section 409A, to reduce such
Participant’s compensation otherwise payable in cash (subject to any minimum or
maximum reductions imposed by the Committee) and to be granted automatically at
such time or times as specified by the Committee one or more Awards of Stock
Units with respect to such numbers of shares of Stock as determined in
accordance with the rules of the program established by the Committee and having
such other terms and conditions as established by the Committee.
(b) | EXCERPTS ON THIS PAGE:
RELATED TOPICS for ROST: |
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