An interesting quote from the WSJ re Key Benefits for Executives: "EMC Corp. will phase out gross-ups on golden parachutes this year. If the computer-storage giant is acquired in 2009, it will reduce senior officials' severance packages up to 10% apiece to try to avoid triggering the excise tax and "strike the appropriate balance between the interests of the executive and EMC," its latest proxy statement says. Next year, EMC will stop covering the tax altogether. A spokesman declined to comment."
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