How is the Company addressing Internal Revenue Code limits on deductibility of compensation? The following paragraphs set forth Committee memberships as of the date of this proxy statement. Also, the company has consolidated its' distribution and logistics to source products more efficiently and economically. Lebow acts as trustee for two trusts which are the record holders of such shares. Business reports are typically assigned to enable you to: Examine available and potential solutions to a problem, situation, or issue. If Shares under any Award are not issued for any reason, such Shares shall, unless the Plan shall have been terminated, become available for future grant under the Plan.
If not accelerated or prepaid, the principal under the note was due at maturity. Any incentive bonus that is paid in cash or other property shall not affect the number of Shares otherwise available for issuance under this Plan. Shares shall not be issued pursuant to the Plan unless the issuance and delivery of such Shares shall comply with all relevant provisions of law including, without limitation, the Securities Act of 1933, as amended, the Exchange Act, the rules and regulations promulgated thereunder, and the requirements of Nasdaq or of any stock exchange upon which the Shares may then be listed. We have not retained an outside firm to aid in the solicitation. Notwithstanding such designations, to the extent that an Option does not qualify as an Incentive Stock Option, it shall be treated as a Nonstatutory Stock Option. Any further gain will be treated as capital gain.
Persons receiving incentive stock options under the Plan will not be required to recognize any income for federal income tax purposes at the time of the award and the Company will not be entitled to any tax deduction. All decisions, determinations and interpretations of the Administrator shall be final and binding on all Participants. We are collaborative, accountable, trusted, and we recognize and celebrate each other's accomplishments. Under the 2002 Stock Plan and the Employee Stock Purchase Plan no options have been granted that are exercisable for Class B common stock. The presence at the meeting, in person or by proxy, of the holders of record of the issued and outstanding shares of capital stock representing a majority of the votes entitled to be cast at the meeting constitutes a quorum, permitting the meeting to conduct its business. Before his promotion he was the assistant manager for two years at a company store in Delaware. The Outside Auditors shall report directly to the Audit Committee and the Audit Committee will, as it deems necessary, communicate with the Outside Auditors to: A.
If any other matter is properly brought before the meeting for action by stockholders, proxies in the enclosed form returned to the Company will be voted in accordance with the recommendation of the Board of Directors or, in the absence of such a recommendation, in accordance with the judgment of the proxy holder. The option was exercisable at any time after the initial public offering of our common stock until November 12, 2002. We will deliver promptly upon written or oral request a separate copy of the annual report or proxy statement, as applicable, to a security holder at a shared address to which a single copy of the documents was delivered. The Audit Committee will meet or hold telephonic meetings as often as it deems appropriate to discharge its responsibilities, but shall meet at least four 4 times each year. Our other Directors are: Edward W.
The Board may at any time amend, alter, suspend or discontinue the Plan, but no amendment, alteration, suspension or discontinuation shall be made which would impair the rights of any Participant under any grant theretofore made, without his or her consent. Stack disclaims beneficial ownership of those securities, and the inclusion of such shares shall not be an admission that the reporting person is the beneficial owner for the purposes of Section 16 under the Securities Exchange Act of 1934. This power can be exclusive or shared, direct or indirect. This extension was made as part of an extension in maturity made to other options granted to other employees. We also lease two locations from entities established by Dick Stacks estate, one of which continues to operate as one of our stores and the second of which has been subleased to a third party. Exercise Date shall mean the last day of a Purchase Period. The options granted to the outside Directors vest ratably over a four 4 year period beginning on the first anniversary of the date of grant.
The shares listed in this table below include shares of common stock issuable upon the exercise of options or other rights that are exercisable or will become exercisable within 60 days of February 1, 2003. The Audit Committee will, as it deems necessary, communicate with Management to obtain information concerning accounting principles adopted by the Company, internal controls of the Company, the Outside Auditors, the Companys financial, accounting and internal auditing personnel and the impact of each on the quality and reliability of the Companys financial statements. The whole report is 85 pages long and includes company financial statements, history of the company, and managerial reports. Each of the nominees has consented to serve if elected. Until the issuance as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company of the stock certificate evidencing such Shares, no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. They have the right to make policy in regard to their business. Please note that changes to the registered name s on the account may not be submitted by this method.
Notwithstanding satisfaction of any performance goals, the amount paid under an Incentive Bonus Award on account of either financial performance or personal performance evaluations may be reduced by the Administrator on the basis of such further considerations as the Administrator shall determine. The 2002 Stock Plan may be administered by the full Board or any committee appointed by the Board to administer the plan. Stack are included in the Summary Compensation Table. This action although simple has a destructive element as instead of blowing out the light he smothers it viciously, causing the audience to feel a sense of foreboding for what is to come. Oversight and Review of Accounting Principles and Practices and Internal Controls. Performance Share Awards, Performance Unit Awards, Restricted Stock Awards, Restricted Unit Awards and Stock Unit Awards.
The Audit Committee shall also request annually from the Outside Auditors a report on the firms internal quality-control procedures and any material issues raised by the most recent internal quality-control review, or peer review, of the Outside Auditors, or by any inquiry or investigation by governmental or professional authorities, within the preceding five years, respecting one or more independent audits carried out by the Outside Auditors, and any steps taken to deal with any such issues. We have adopted an Audit Committee charter that was effective upon completion of our initial public offering, under which the Audit Committee reviews with management our internal financial controls, accounting procedures and reports. The increase of Profit margin indicates that Harrods sporting goods had a higher return on the sales dollar which shows good cost control, the decrease 2005-2006 of the same ratio indicates the company having a lower return on the sales dollar. Lebow also serves on the boards of several private companies. The Employee Stock Purchase Plan is administered by our Compensation Committee. The loan may be accelerated upon an event of default, including default on any payment on the loan for a period of 15 days after notice, default in the observance of any other covenant, condition or agreement for a period of 30 days, the acceleration of our other indebtedness or our inability to pay our debts as they become due. If you attend, please note that you may be asked to present valid picture identification, such as a drivers license or passport.
These reviews included discussion with the outside auditors of matters required to be discussed pursuant to Statement on Auditing Standards No. B-2 bb Plan means this 2002 Stock Plan. Item 1 Election of Directors Election of two 2 Class A Members of the Board of Directors: Nominees: William J. It does periodically send 20 percent off coupons to members but it primarily generates sales by developing customer loyalty, unique product offerings, and a sense of. Dick's Sporting Goods Hours Mon 9:00am - 9:30pm Tue 9:00am - 9:30pm Wed 9:00am - 9:30pm Thu 9:00am - 9:30pm Fri 9:00am - 9:30pm Sat 9:00am - 9:30pm Sun 10:00am - 7:00pm These are the hours to the Dick's sporting goods in my area.
Aetna is dedicated to helping people achieve health and financial security by providing easy access to safe, cost-effective, high-quality health care and protecting their finances against health-related risks. Stack, Chairman and Chief Executive Officer, is eligible to participate in the same executive compensation program available to other Company executives and his total annual compensation, including compensation derived from the annual bonus program, was set by the Compensation Committee based on the same factors as other executives, namely, the continued increase in the Companys earnings and the Companys comparative performance versus other companies in the sporting goods retail category. No options were exercised by any of the named executive officers during fiscal 2002. Investors have been able to regularly earn a respectable return on their investments. Stack and Karin Stack, each of whom is a relative of Edward W. .