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W.W. Grainger (GWW)
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GWW » Topics » Section 1. Objective.

These excerpts taken from the GWW 10-Q filed Aug 2, 2006.

Section 1.  Objective.

The objective of the 2001 Long Term Stock Incentive Plan (the “Plan”) is to attract and retain highly qualified executives and other employees, to advance the interests of the Company by giving Employees a stake in the Company’s future growth and success, and to strengthen the alignment of interests between Employees and the Company’s shareholders through the ownership of shares of the Company’s Common Stock.

Section 1. Objective.

The objective of the W.W. Grainger, Inc. 1990 Long Term Stock Incentive Plan (the “Plan”) is to attract and retain the best available executive personnel and other key employees to be responsible for the management, growth and success of the business, and to provide an incentive for such employees to exert their best efforts on behalf of the Company and its shareholders.

EXCERPTS ON THIS PAGE:

10-Q (2 sections)
Aug 2, 2006
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