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This excerpt taken from the VZ DEF 14A filed Mar 23, 2009. Executive Life Insurance The Company offers the named executive officers and other executive employees the opportunity to participate in an executive life insurance program in lieu of participation in the Companys basic and supplemental life insurance programs. The Committee believes that this program provides an important recruiting and retention tool that is an important component of Verizons overall compensation plan. Additional information on this program is provided in footnote 5 to the Summary Compensation Table on page 41.
This excerpt taken from the VZ DEF 14A filed Mar 17, 2008. Executive Life Insurance The Company offers the named executive officers and other executive employees the opportunity to participate in a supplemental executive life insurance program in lieu of participation in the Companys basic and supplemental life insurance programs. Additional information on this program is provided in footnote 5 to the Summary Compensation Table on page 31.
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