Alcan Corporation Sample Clauses

ALCAN CORPORATION. Alcancorp Executive Perquisites Program January 1, 2003 Payments will be made with each paycheck and will be in accordance with the following schedule:Jobgrade Annual Payment 47 & above $11,500 43 - 46 $ 7,000 Partial-year payments will be correspondingly less.Program AdministrationThe Alcancorp Compensation and Benefits group administers the Alcancorp Executive Perquisites Program. Further, it is recognized that exceptional situations may arise relative to the administration of the program. Any such cases will be reviewed by the Vice President - Human Resources, Rolled Products Americas & Asia and approved by the President, Rolled Products Americas & Asia.Alcan Corporation reserves the right to modify or terminate this program at any time without notice.