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Essay

Murray Compensation

Essay specific features

 

Issue:

Business

 

Written by:

Lois M

 

Date added:

January 13, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 812

 

Was viewed:

458 times

 

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Essay content:

On January 1, 2008, Murray decreased the exercise price on the stock options to $12. This downward adjustment to the exercise price was made in order to ensure that the options continue to provide intended motivation benefit to employees. However, in addition to the reduction in the exercise price, Murray also changed the vesting terms, such that the employees must provide an additional two years of service (awards will no vest on January 1, 2011)...
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However, in addition to the reduction in the exercise price, Murray also changed the vesting terms, such that the employees must provide an additional two years of service (awards will no vest on January 1, 2011). Immediately prior to the reduction in the exercise price of the awards, the fair value was $1 per award...
displayed 300 characters

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