Anti Essays :: Free "Compensation" Essay
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Submitted by trancehead16 on April 15, 2008
Compensation of Officers
On March 11, 2008, the Compensation Committee (the "Committee") of the Board of Directors (the "Board") of Vonage Holdings Corp. (the "Company") unanimously approved several matters related to compensation for the Executive Vice Presidents of the Company. On March 11, 2008, upon recommendation of the Committee, the Board, including all members of the Committee and the other independent directors of the Board, unanimously approved several matters related to compensation of the Company's Chairman, Chief Strategist and Interim Chief Executive Officer, Jeffrey A. Citron. Additional information with respect to the compensation arrangements for these executive officers will be set forth in the Company's Proxy Statement for its 2008 Annual Meeting of Stockholders.
Annual Cash Bonus
Upon recommendation of the Committee, the Board, including all members of the
Committee and the other independent directors of the Board, unanimously approved
the following annual bonus payments to our Chairman, Chief Strategist and
Interim Chief Executive Officer:
2007
Bonus
Name Award
Jeffrey A. Biter $ 438,000
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