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This excerpt taken from the WEN DEF 14A filed Apr 30, 2007. Elements of the Companys Executive Compensation Program The Company has established three primary components of executive compensation to satisfy its compensation objectives: base salary, annual performance-based bonus awards, including cash bonuses under the 1999 Executive Bonus Plan, and long-term equity compensation under the Companys equity plans. The Compensation Committee and Performance Committee have been provided with information from their outside compensation consultant regarding market practices and relied on their own compensation philosophies in allocating compensation among these three key components. The Companys policies with respect to these components are discussed below. |
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