YHOO » Topics » Administration

This excerpt taken from the YHOO DEF 14A filed Apr 29, 2009.

Administration

The Purchase Plan is administered by the Board of Directors of the Company or a committee appointed by the Board. (The appropriate acting body, be it the Board of Directors or a committee appointed by the Board, is referred to in this proposal as the “Administrator.”) All questions of interpretation or application of the Purchase Plan are determined by the Administrator, and its decisions are final, conclusive and binding upon all participants.

 

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Table of Contents
This excerpt taken from the YHOO DEF 14A filed Apr 30, 2007.
Administration
 
The Purchase Plan is administered by the board of directors of the Company or a committee appointed by the board. All questions of interpretation or application of the Purchase Plan are determined by the board of directors or its appointed committee, and its decisions are final, conclusive and binding upon all participants.
 
This excerpt taken from the YHOO DEF 14A filed Apr 4, 2005.

Administration

        The 1995 Stock Plan may be administered by the board of directors or by a committee of the board of directors. The board has delegated general administrative authority for the 1995 Stock Plan to the Compensation Committee, which is constituted to satisfy the applicable requirements of Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and Code Section 162(m). If the 1995 Stock Plan proposal is approved by stockholders, a committee may delegate some or all of its authority with respect to the 1995 Stock Plan to another committee of directors, and certain limited authority to grant awards to employees other than executive officers may be delegated to one or more officers of the Company. (The appropriate acting body, be it the board of directors, a committee within its delegated

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authority, or an officer within his or her delegated authority is referred to in this proposal as the "Administrator.") Members of the board of directors receive no additional compensation for their services in connection with the administration of the 1995 Stock Plan.

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