2005 Special Achievement Award Schedule for Executive Officer James M. Delaney
This document outlines a special achievement award granted to James M. Delaney, a named executive officer, in recognition of exceptional performance related to a procurement organization change. The award consists of 3,000 shares of restricted stock, which will fully vest after three years. The award is separate from the company's regular short-term incentive plan and is intended to acknowledge significant contributions outside of standard performance metrics.
EXHIBIT 10.2
Schedule of special achievement award to certain named executive officer
2005 SPECIAL AWARDS
Background
From time to time unusual events merit awards for outstanding individual performance outside of the short-term incentive plan. Special events such as restructurings, mergers and acquisitions or comprehensive programs have been the basis for special recognition in the past.
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2005 SPECIAL AWARDS
Procurement Organization Change
James M. Delaney | 3,000 | shares of restricted stock 100% vesting after 3 years |