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2007 LTIP Grade-20 and up bonus
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<blockquote data-quote="beentheredonethat" data-source="post: 175621" data-attributes="member: 4886"><p>Your calculation are a bit off. Even if you assume on the high side that they get 240% in bonus (max is 250% per article). Then they would get roughly 1/3 each year for 3 years. Once we are in full swing (3+ years) of giving this award to the grade 20's and up. What they physically would get was 1/3 of the 07 award, 1/3 of the 2008 award and 1/3 of the 2009 award. Which even at 240% each year would still give them 240%. You can rightfully only count the money once, weather you count it all in the beginning or when it is vested. But the only way you can come up with 4* is to double count the awards. BTW - I personally think this reduced number I calculated is still pretty excessive.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 175621, member: 4886"] Your calculation are a bit off. Even if you assume on the high side that they get 240% in bonus (max is 250% per article). Then they would get roughly 1/3 each year for 3 years. Once we are in full swing (3+ years) of giving this award to the grade 20's and up. What they physically would get was 1/3 of the 07 award, 1/3 of the 2008 award and 1/3 of the 2009 award. Which even at 240% each year would still give them 240%. You can rightfully only count the money once, weather you count it all in the beginning or when it is vested. But the only way you can come up with 4* is to double count the awards. BTW - I personally think this reduced number I calculated is still pretty excessive. [/QUOTE]
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2007 LTIP Grade-20 and up bonus
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