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VRSN » Topics » Base Salary

This excerpt taken from the VRSN DEF 14A filed Apr 10, 2006.

Base Salary

 

The Committee examines the competitive positioning of executive officer base salaries compared to the available market data and determines the adjustments that should be made to the Chief Executive Officer’s base

 

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Table of Contents

salary based on the market data, the Chief Executive Officer’s performance and contributions to the Company over the prior twelve months. In February 2006, the Committee determined the base salary level for fiscal 2006 for the Chief Executive Officer. The Committee also annually reviews decisions respecting the base salaries paid to other executive officers.

 

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