Schedule of Special Incentive Awards to Named Executive Officers (2006–2007)
This document lists special incentive awards granted to certain executive officers in recognition of exceptional performance outside the regular short-term incentive plan. James M. Delaney received 3,000 shares of restricted stock in January 2006, vesting fully in January 2009. Stephen E. Makarewicz received 5,000 shares of restricted stock in March 2007, vesting fully in February 2010. The awards are tied to significant events such as restructurings or mergers and acquisitions.
EXHIBIT 10.3(b)
Schedule of special incentive awards to certain named executive officers
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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2006 AWARDS
| • James M. Delaney | 3,000 | January 24, 2006 grant of shares of restricted stock 100% vesting January 23, 2009 | ||
| 2007 AWARDS | ||||
| • Stephen E. Makarewicz | 5,000 | March 1, 2007 grant of shares of restricted stock 100% vesting February 28, 2010 | ||
