Freightmaster1
TB Legend
- Credits
- 609
http://files.shareholder.com/downlo...7B7-B5A9-40B3-B667-B0903A1E2191/YRC_Proxy.PDF
early 2014, the Compensation Committee (i) awarded discretionary bonuses to the NEOs, even though
we did not meet the threshold level of performance under the cash incentive compensation plan, to reward them
for their extraordinary contributions to our business during 2013, (ii) approved the full performance awards of
restricted Common Stock for 2013 to Messrs. Welch and Pierson and Ms. Friel, even though we did not meet the
threshold level of performance set for 2013 pursuant to their employment agreements, to reward them for their
extraordinary contributions to our business during 2013, and (iii) approved one-time restricted stock awards in
recognition of certain of the NEOs’ extraordinary efforts in connection with certain of the 2014 Financing
Transactions.
early 2014, the Compensation Committee (i) awarded discretionary bonuses to the NEOs, even though
we did not meet the threshold level of performance under the cash incentive compensation plan, to reward them
for their extraordinary contributions to our business during 2013, (ii) approved the full performance awards of
restricted Common Stock for 2013 to Messrs. Welch and Pierson and Ms. Friel, even though we did not meet the
threshold level of performance set for 2013 pursuant to their employment agreements, to reward them for their
extraordinary contributions to our business during 2013, and (iii) approved one-time restricted stock awards in
recognition of certain of the NEOs’ extraordinary efforts in connection with certain of the 2014 Financing
Transactions.