Friday, April 01, 2005 11:16:49 AM
Ron: There is a new Annual Employee Bonus Plan in addition to the LTIP. The latest version being approved on 09/30/2004. Based on the details of the Plan, and information published in the proxy statement, anyone interested will be able compute how effective an executive's performance was against his goals.
Details of the Plan at:
http://www.sec.gov/Archives/edgar/data/354913/000119312505067076/dex1066.htm
There is still some more executive incentives going on at IDCC in 2004 besides the new LTI plan. Certain executives are still being compensated from the old existing bonus plan, in addition to the new LTI plan. We will get more data about the total compensation of the inside executives when the proxy is published.
Details of the Plan at:
http://www.sec.gov/Archives/edgar/data/354913/000119312505067076/dex1066.htm
There is still some more executive incentives going on at IDCC in 2004 besides the new LTI plan. Certain executives are still being compensated from the old existing bonus plan, in addition to the new LTI plan. We will get more data about the total compensation of the inside executives when the proxy is published.
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