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To: Captain Jack who wrote (95202)	2/15/2002 12:00:15 PM
From: John Koligman	Read Replies (1) \| Respond to of 97611

OT Captain - How's this for an incentive - you get it no matter how the company performs <ggg>. Hey, does your company rate you a superstar even if you sit and read SI at work all day?? <ggg> Regards, John DJ Lucent/CEO Salary -2: Russo Guaranteed $1.8M Bonus In '02 Dow Jones News Service ~ February 14, 2002 ~ 5:43 pm EST WASHINGTON (Dow Jones)--Lucent Technologies Inc. (LU) will pay its new Chief Executive Patricia Russo a base salary of $1.2 million, according to documents filed Thursday with the Securities and Exchange Commission. The firm announced on Jan. 7 that Russo would return to Lucent as its new CEO after serving eight months as president and chief operating officer at Eastman Kodak Co. (EK). Russo was one of the founding executives at Lucent and has spent 20 years in senior executive posts with Lucent and AT&T Corp. (T). Lucent's former chief executive was paid a base salary of $1.1 million last year. Russo is also guaranteed an annual incentive award of $1.8 million in fiscal 2002, regardless of whether the company meets performance goals. As reported, Lucent didn't award any executive bonuses in fiscal 2001 because the company's performance fell short of its objectives for the year. Russo was also awarded several stock options as part of her employment agreement with Lucent. Lucent granted Russo a 10-year stock option award to purchase 1,220,000 shares of stock. This award will become exercisable in three equal annual installments. Also, Russo was granted a restricted stock unit award of 550,000 units, which will vest and become non-forfeitable in three equal annual installments. As a hiring inducement award, Russo received a 10-year stock option award to purchase 1,515,000 shares, and a restricted stock unit award to purchase 500,000 shares. Russo will also be eligible to receive annual stock option grants, and long- term incentive option awards