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DTV » Topics » What are the objectives of the compensation programs?

This excerpt taken from the DTV DEF 14A filed Apr 20, 2009.

What are the objectives of the compensation programs?

        The objectives of our compensation program are to:

  •   Support the business strategy   •   Focus on long-term growth and creating
  •   Balance short- and long-term focus       value for stockholders
  •   Pay for performance   •   Pay competitively

        The base salary, bonus and stock incentive compensation programs are intended to support these objectives. Further, we believe that, if we design the compensation programs well, we will attract and retain an executive management team that has key attributes such as business acumen, industry experience, personal integrity, the ability to recognize and make the most of the talent within the Company, and which will be motivated to work as a team and achieve results.

        A significant portion of the executives' compensation is expected to be paid in shares of stock through long-term incentive plans in order to directly align the management team's compensation with improving stockholder value. We have equity ownership guidelines that are applicable to all executives and are intended to encourage the executives to have significant equity at risk.

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