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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 3:59 PM EST
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To: Lizzie Tudor who wrote (64023)5/14/2003 9:01:05 PM
From: BWAC  Read Replies (2) of 77400
 
Here's what I would do if I was running the company and in charge of performance incentives.

Thank you for working hard this year. You may chose your bonus from the two plans below:

A.) $100

B.) 100 options at 10% above todays price. Exercisable in 5 years.

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Bingo. You just fixed the compensation cost. $100. Whichever they chose. Employees chosing B, took it in leiu of $100 cash. Just need a few employees to accept the $100 cash instead.
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