Section 26-B236. REMUNERATION OF DIRECTORS AND OFFICERS

 

236.1The issuer shall state the amount of the aggregate remuneration which the issuer (together with all predecessors, parents, subsidiaries, and affiliates) paid to, or set aside or accrued for the benefit of all directors and officers as a group during the past 12 months and estimate the remuneration for the next 12 months.

 

236.2This item applies to any person who was a director or officer of the issuer at any time during the fiscal year. However, remuneration is not to be included for any portion of the period during which the person was not a director or officer of the issuer.

 

236.3To the extent that the remuneration is to be computed upon the basis of a percentage of profits, it will suffice to state the percentage without estimating the amount of profits to be paid.

 

236.4The issuer shall state separately the total amount set aside or accrued during the periods pursuant to all pension, retirement or other deferred compensation plans for the benefit of directors or officers.

 

source

Amended by Emergency Rulemaking published at 47 DCR 9910 (December 15, 2000) [EXPIRED]; as amended by Emergency Rulemaking published at 48 DCR 1987 (March 2, 2001) [EXPIRED]; as amended by Emergency and Proposed Rulemaking published at 48 DCR 3952 (May 4, 2001) [EXPIRED]; as amended by Emergency and Proposed Rulemaking published at 48 DCR 9177 (October 5, 2001) [EXPIRED]; as amended by Final Rulemaking published at 48 DCR 10879 (November 30, 2001).