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DTV » Topics » LONG-TERM ACHIEVEMENT PLAN

This excerpt taken from the DTV 10-K filed Mar 1, 2005.

LONG-TERM ACHIEVEMENT PLAN

 

This Hughes Electronics Corporation Long-Term Achievement Plan was originally effective as of January 1, 1990, for eligible Employees of Hughes Electronics Corporation and its Subsidiaries, and was previously amended on January 1, 1993, December 17, 1997, September 27, 1999, May 22, 2001 and September 28, 2001. This Plan is now amended and restated effective as of December 22, 2003. This Plan is a restricted stock unit plan as contemplated under the HEC Incentive Plan. In the event of any conflict between the terms of this Plan and the terms of the HEC Incentive Plan, the terms of the HEC Incentive Plan shall control.

 

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