Comments on: Paying for failure at First Marblehead… http://www.footnoted.com/my-big-fat-deal/paying-for-failure-at-first-marblehead/ Morningstar's guide to what's hiding in SEC filings Tue, 07 Feb 2012 21:51:20 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: ComradeAnon http://www.footnoted.com/my-big-fat-deal/paying-for-failure-at-first-marblehead/comment-page-1/#comment-9505 ComradeAnon Thu, 01 Oct 2009 21:34:36 +0000 http://www.footnoted.com/?p=4292#comment-9505 HD still says all that severence they paid Nardelli was the best money they ever spent. HD still says all that severence they paid Nardelli was the best money they ever spent.

]]> By: Brad http://www.footnoted.com/my-big-fat-deal/paying-for-failure-at-first-marblehead/comment-page-1/#comment-9478 Brad Tue, 29 Sep 2009 23:18:55 +0000 http://www.footnoted.com/?p=4292#comment-9478 Another way to look at it is: these guys are toxic, let's pay them a lot to leave. Another way to look at it is: these guys are toxic, let’s pay them a lot to leave.

]]> By: Frank Graham http://www.footnoted.com/my-big-fat-deal/paying-for-failure-at-first-marblehead/comment-page-1/#comment-9472 Frank Graham Tue, 29 Sep 2009 15:43:51 +0000 http://www.footnoted.com/?p=4292#comment-9472 Yowie! Sure gives new meaning to Marblehead like Rockhead. And on 9.23 just after close came a 8-K about percentages for 2010 pool. The Subcommittee, which administers the Incentive Plan, has designated three classes of employees as covered employees under the Incentive Plan for Fiscal 2010: one class will be comprised of any employee holding the title of Chief Executive Officer as of June 30, 2010, one class will be comprised of any employee holding the title of Chairman as of June 30, 2010 and one class will be comprised of all employees holding the title of Managing Director as of June 30, 2010. The incentive pool for Fiscal 2010 will be five percent of the Corporation’s income from operations for Fiscal 2010 (“Operating Income”). In the event that the Corporation’s Operating Income equals or exceeds $10.0 million, the incentive pool will be allocated to the three classes of covered employees in accordance with the following percentages: http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6525122 Yowie! Sure gives new meaning to Marblehead like Rockhead. And on 9.23 just after
close came a 8-K about percentages for 2010 pool.
The Subcommittee, which administers the Incentive Plan, has designated three classes of employees as covered employees under the Incentive Plan for Fiscal 2010: one class will be comprised of any employee holding the title of Chief Executive Officer as of June 30, 2010, one class will be comprised of any employee holding the title of Chairman as of June 30, 2010 and one class will be comprised of all employees holding the title of Managing Director as of June 30, 2010.

The incentive pool for Fiscal 2010 will be five percent of the Corporation’s income from operations for Fiscal 2010 (“Operating Income”). In the event that the Corporation’s Operating Income equals or exceeds $10.0 million, the incentive pool will be allocated to the three classes of covered employees in accordance with the following percentages:

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6525122

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