Performance Options Align Executive
Compensation, Shareholder Interests
We place significant emphasis on pay-for-performance, with "at risk" components of total compensation linked directly to the enhancement of cash flow return and total shareholder return. An example of the performance conditions that must be achieved before vesting will occur in our performance option plans is set out here. For additional information, please refer to our 2008 proxy circular on our website.
| Performance Measure | Vesting Scale |
|---|---|
| 3-Year Average Excess of Cash Flow Return on Investment over Weighted Average Cost of Capital | Percentage of Stock Option Grant Vesting |
| <0% | 0% |
| 0.20% | 30% |
| 1.20% | 70% |
| 2.20% | 90% |
| 2.50% | 100% |