Page 540 - Bruce Ellig - The Complete Guide to Executive Compensation (2007)

526 The Complete Guide to Executive Compensation

Having determined the type plan that will be used it is important that the timing,
eligibility, approval process and communication process be clearly defined and prescribed
in writing.
More will be said about design issues in the next chapter—“Design and Communication
Considerations.”
Note: You should not rely on accounting, tax, SEC, or other professional service statements
in this chapter. You need to seek appropriate professional counsel for such guidance.
Statements made in this chapter and elsewhere are offered as being illustrative to help you
frame such further investigations with the help of counsel.