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Re: Danny Detail post# 165248

Friday, 08/18/2006 5:56:41 PM

Friday, August 18, 2006 5:56:41 PM

Post# of 435830
Danny,

I think I understand why the incentive was increased from 225% to 300% if 150% of the incentive goal was meant.

This from the proxy filing.

Long-term corporate performance (currently measured over a three and one-half year cycle and subsequently over three-year cycles) is used in awarding compensation to executives under the Company’s LTIP, as described below.

Perhaps the extra 1/2 year for the current incentive period was the reason to increase it from 225% to 300%.

mo
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