SLE » Topics » Highlights

These excerpts taken from the SLE 10-Q filed Nov 7, 2007.

Highlights

This booklet explains the plan provisions of the Sara Lee Corporation Long-Term Restricted Stock Unit (LTRSU) grant covering fiscal years 2008 through 2010 (“Service Period”) with the restricted stock units (“RSUs”) vesting 100% on August 31, 2010 (the “Vesting Date”). The following pages provide detailed information relating to the grant of RSUs that you have received under the Plan.

The key features of this Plan are summarized below. In some countries other than the United States, variations in Plan design and rules may occur in order to comply with local laws and tax provisions.

Highlights

This booklet explains the provisions of the Sara Lee Corporation (“SLC”) Executive Management Long-Term Incentive Program (the “EMLTIP” or the “Program”) which covers fiscal years 2008—2010 (the “Performance Cycle”). The following pages provide detailed information relating to the grant of Performance Stock Units (“PSUs”) awarded under the Program. Awards granted under the Program are made from shares authorized under either the 1998 or 2002 Long-Term Incentive Stock Plans (the “Plan(s)”).

The key features of this Program are summarized below. In some countries other than the United States, variations in Program design may occur in order to comply with local laws and tax regulations.

This brochure provides a summary of the Program and in the case of a conflict between this document and the terms of the Plan, the Plan’s terms, shall govern. The Compensation and Employee Benefits Committee (the “Committee”) of the Sara Lee Corporation board of directors retains the discretion to make changes in the peer group and performance measurement methodology and any such changes shall be binding on all Program Participants.

This excerpt taken from the SLE 10-Q filed Feb 7, 2007.

Highlights

This booklet explains the provisions of the Sara Lee Corporation (“SLC”) Executive Management Long-Term Incentive Program (the “EMLTIP” or the “Program”) which covers Fiscal Years 2007 through 2009 (the “Performance Cycle”). The following pages provide detailed information relating to the grant of Performance Stock Units (“PSUs”) awarded under the Program.

The key features of this Program are summarized below. In some countries other than the United States, variations in Program design may occur in order to comply with local laws and tax provisions.

This excerpt taken from the SLE 10-K filed Sep 14, 2006.

Highlights

This booklet explains the plan provisions of the Sara Lee Corporation Long-Term Restricted Stock Unit (LTRSU) grant covering fiscal years 2007 through 2009 (“Service Period”) with the restricted stock units (“RSUs”) vesting 100% on August 31, 2009 the “Vesting Date”. The following pages provide detailed information relating to the grant of RSUs that you have received under the Plan.

The key features of this Plan are summarized below. In some countries other than the United States, variations in Plan design and rules may occur in order to comply with local laws and tax provisions.

These excerpts taken from the SLE 10-Q filed Feb 9, 2006.

Highlights

 

This booklet explains the Program provisions of the Sara Lee Corporation (“SLC”) Executive Management Long-Term Incentive Program (the “Program”) covering fiscal years 2004 through 2006 (the “Performance Cycle”). The following pages provide detailed information relating to the grant of Restricted Stock Units (“RSUs”) that you have received under the Program.

 

The key features of this Program are summarized below. In some countries other than the United States, variations in Program design may occur in order to comply with local laws and tax provisions.

 

Highlights

 

This booklet explains the Program provisions of the Sara Lee Corporation (“SLC”) Executive Management Long-Term Incentive Program (the “Program”) covering fiscal years 2005 through 2007 (the “Performance Cycle”). The following pages provide detailed information relating to the grant of Performance Stock Units (“PSUs”) that you have received under the Program.

 

The key features of this Program are summarized below. In some countries other than the United States, variations in Program design may occur in order to comply with local laws and tax provisions.

 

This excerpt taken from the SLE 10-K filed Sep 2, 2005.

Highlights

 

This booklet explains the plan provisions of the Sara Lee Corporation Long-Term Restricted Stock Unit (LTRSU) grant covering fiscal years 2006 through 2008 (“Service Period”) with the restricted stock units (“RSUs”) vesting one-third each year on August 31, 2006, August 31, 2007 and August 31, 2008, the “Vesting Dates”. The following pages provide detailed information relating to the grant of RSUs that you have received under the Plan.

 

The key features of this Plan are summarized below. In some countries other than the United States, variations in Plan design and rules may occur in order to comply with local laws and tax provisions.

 

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