Trident Microsystems (TRID)

 

When reviewing annual executive compensation, the Compensation Committee has generally reviewed the materials provided by management that detailed the compensation being paid to our executive officers, including benefits payable to executive officers, to see compensation trends and to compare increases or decreases year over year. In connection with their review of executive compensation for fiscal 2008, the Compensation Committee reviewed a set of tally sheets that captures a total compensation and benefits picture of each executive to ensure that compensation decisions are made within a holistic framework. The tally sheet provides a broad perspective that covers the normal annual compensation actions as well as an annualized value of the benefits and perquisites the executives receive. Thus, the value of outstanding equity awards, health and welfare benefits, pension benefits and perquisites is also considered in additional to an historical perspective of the base annual salary and target and achieved bonuses payable to each executive officer.