2009 Partial Bonus Payment Agreement for Executive Officers of Sunrise Senior Living, Inc.
Contract Categories:
Human Resources
›
Bonus & Incentive Agreements
Summary
Sunrise Senior Living, Inc. has approved partial bonus payments to its current executive officers. Each officer will receive 33% of their target annual bonus for 2009, as decided by the Compensation Committee of the Board of Directors on August 28, 2009. Further details are available in the company's 2009 proxy statement. This agreement outlines the company's commitment to these partial bonus payments for the specified year.
EX-10.31 31 w76123exv10w31.htm EX-10.31 exv10w31
Exhibit 10.31
2009 Partial Bonus Payments to Executive Officers
As previously disclosed, on August 28, 2009, the Compensation Committee of the Board of Directors of Sunrise Senior Living, Inc. (the “Company”) approved partial payments to each of the Company’s current executive officers of 33% of their respective target 2009 annual bonus amounts. For additional information regarding these partial bonus payments, please refer to page 25 of the Company’s definitive proxy statement for its 2009 annual meeting of stockholders filed with the Securities and Exchange Commission on October 19, 2009.
