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ARTICLE 2: COMPENSATION AND BENEFITS:
2.1. For the period between the Effective Date and December 31, 1995, Employee's base salary shall be $250,000.00 which shall be paid in accordance
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with Employer's standard payroll practice for its executives commencing with the payroll period beginning October 1, 1995. Thereafter, Employee's base salary during the Term shall be not less than $1,000,000.00 per annum which shall be paid in accordance with the Employer's standard payroll practice for its executives.
2.2. Employee shall be entitled to a bonus of $150,000.00 for the period
between the Effective Date and December 31, 1995 provided he remains employed by the Employer during the entirety of such period. Such bonus shall be payable in a single lump sum payment as soon as practicable following December 31, 1995.
Beginning in 1996 and for the remainder of the Term, Employee shall participate in Employer's Annual Reward Plan or such similar incentive arrangement as may be mutually agreeable to Employee and Employer.
2.3. As of the Effective Date, the Employer shall grant to Employee
under the Halliburton Company 1993 Stock and Long-Term Incentive Plan a nonqualified stock option to purchase up to 200,000 shares . . .
WASHINGTON (AP) - FBI agents recently spent a day interviewing the Army contracting officer who raised concerns that the Pentagon improperly awarded contracts without competition to Halliburton Co., Vice President Dick Cheney's former company.
The Army Corps of Engineers contract officer, Bunnatine Greenhouse, was interviewed last week and now is gathering documents requested by the FBI and Army criminal investigators, her lawyer said Wednesday.
"They questioned her about all of her concerns, and they asked questions regarding potential involvement of people at higher-level positions," attorney Michael Kohn said in an interview.
Originally posted by MaskedAvatar
We can foresee jail terms not just for Bush administration players but also for crony company CEOs within five years.