VZ » Topics » Administration and Participation

This excerpt taken from the VZ DEF 14A filed Mar 23, 2009.

Administration and Participation

Approximately 400 key senior management employees of Verizon and certain related companies are currently eligible to participate in the 2009 STIP. The Committee is responsible for administering the 2009 STIP and may delegate its authority, subject to any limitations imposed by law or the regulations of any applicable stock exchange.

 

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