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Survey Results: Deferred Compensation Election Timing


1. Do you have a deferred compensation plan, which includes company stock, for outside directors? (Total responses: n=26)
(select only one)
n=20 (76.92%) Yes
n=6 (23.08%) No

2. Do you have a deferred compensation plan, which includes company stock, for executives? (Total responses: n=25)
(select only one)
n=12 (48.00%) Yes
n=13 (52.00%) No

3. Our deadline for allowing outside directors to make stock-based elections for the following year, if your fiscal year-end is December 31 is: (Total responses: n=19)
(select only one)
n=2 (10.53%) October 1 – October 31
n=1 (5.26%) November 1 – November 15
n=3 (15.79%) November 15 – November 30
n=4 (21.05%) December 1 – December 15
n=7 (36.84%) December 15 – December 31
n=2 (10.53%) Earlier in year

4. Our deadline for allowing executives to make stock-based elections for the following year, if your fiscal year-end is December 31 is: (Total responses: n=13)
(select only one)
n=2 (15.38%) October 1 – October 31
n=0 (0.00%) November 1 – November 15
n=3 (23.08%) November 15 – November 30
n=2 (15.38%) December 1 – December 15
n=3 (23.08%) December 15 – December 31
n=3 (23.08%) Earlier in Year

5. Do you allow your outside directors to make such an election near year-end for the following year, when they likely have access to year-end earnings projections and results? (Total responses: n=18)
(select only one)
n=9 (50.00%) Yes
n=9 (50.00%) No

6. Do you allow your executives to make such an election near year-end for the following year, when they likely have access to year-end earnings projections and results? (Total responses: n=14)
(select only one)
n=6 (42.86%) Yes
n=8 (57.14%) No