![Show Menu](styles/mobile-menu.png)
![Page Background](./../common/page-substrates/page0038.png)
35
Program
Description
Participants
Objectives
Long‐Term Incentive Programs
Long‐Term
Incentive (LTI)
Equity Awards
Long‐term incentive
awards paid in Stock
Appreciation Rights,
Restricted Stock Units
and Performance Share
Units
All executive
officers and key
employees
Drive superior
performance
● Individual
contribution
● Increase stock
price
Focus on long‐term
success
Ownership
Retention
Shareholder
Alignment
Retirement Programs
Retirement
(401(k)) Savings
Plan
Company matching and
annual contributions
All U.S.
Employees
Retention
Competitive
Practices
Target
Supplemental
Retirement Plan
Retirement benefits for
executives who have at
least 10 years of service
and work with us until
the age of 58
Key Executives
Retention
Competitive
Practices
Other Executive Benefits
Perquisites and
Executive
Benefits
Available to certain
executives to assure
protection of Company
assets and/or focus on
Company business with
minimal disruption
Specific benefits
are offered to
different groups
of executive
officers based on
business purpose
Retention
Competitive
Practices
Other Benefits
Medical, welfare and
other benefits
All employees
Retention
Competitive
Practices