Examples of Named Executive Officers in a sentence
Cowan and Steven Wisner are Named Executive Officers who are also Directors.
Principal Elements of Compensation The compensation of the Named Executive Officers includes two major elements: (a) base salary and (b) an annual cash bonus.
Perquisites and personal benefits for each of the Named Executive Officers did not exceed the lesser of $50,000 and 10% of the individual’s salary for the year.The total cost of the NEO’s compensation was $818,500 which is 24.2% of the total asset management fees paid by the REIT and 5.2% of Funds from Operations, a term which is fully defined in the Annual Information Form.
As a majority of our stockholders (58%) voted in favor of an annual advisory vote, the Board decided to annually provide stockholders with an advisory vote on the compensation of our Named Executive Officers.
ADVISORY VOTE ON EXECUTIVE COMPENSATION(Proposal 2)Section 14A of the Exchange Act implements requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and enables our stockholders to vote to approve, on an advisory (non-binding) basis, the compensation of our Named Executive Officers (sometimes referred to as ‘‘say on pay’’).