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This excerpt taken from the WDC DEF 14A filed Sep 24, 2007. Compensation
Consultant
The Compensation Committees practice has been to retain
compensation consultants to provide objective advice and counsel
to the Compensation Committee on all matters related to the
compensation of our executive officers and our compensation
programs generally, including advising on trends in executive
compensation and
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assisting the Compensation Committee in assessing competitive
pay levels and the appropriate mix of compensation elements.
In August 2005, the Compensation Committee retained Mercer Human
Resources Consulting as its compensation consultant. The
Compensation Committees relationship with Mercer is
reviewed annually and has continued in fiscal 2007 with Mercer
attending all meetings of the Compensation Committee held during
the year.
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