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Monday, October 13, 2014 2:10:53 PM
And I'd have minimum performance metrics (of the type that shareholders seek), before any incentive award would be made in a given period.
I am reminded of a line in Braveheart, spoken by William Wallace. 'You think the people of this country exist to provide you with position. I think your position exists to provide those people with freedom'. Only I'd replace 'freedom' in this case with 'capital/equity appreciation'.
As always, simply my opinion.
I think it's a great idea to compensate executives partially with stock and stock bonuses, and have restrictions in place for when they want to sell it. It gives them more skin in the game, it'll motivate them.
MSLP
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