H.R. 3343 (113th Congress)

SDK to Revise Amount of Director Compensation (in Money) Following Revision of Director Compensation Scheme and to Partially Revise Performance-Linked Stock Compensation Scheme

Retrieved on: 
Monday, February 14, 2022

Thus, the board resolved to revise the director compensation scheme subject to approval of the General Meeting of Shareholders, and submit proposals concerning revision of the amount of director compensation in money as well as partial revision of the performance-linked stock compensation scheme.

Key Points: 
  • Thus, the board resolved to revise the director compensation scheme subject to approval of the General Meeting of Shareholders, and submit proposals concerning revision of the amount of director compensation in money as well as partial revision of the performance-linked stock compensation scheme.
  • Thus, we decided to revise the maximum amount of funds SDK will contribute to the trust, and strengthen the linkage to business results.
  • While we added Councilors to the scope of the Scheme at the board meeting on March 5, 2019, we will remove them this time following the revision of the Scheme.
  • The Scheme will terminate in the event of a stock exchange delisting of shares in SDK, an abolition of the Director Share Grant Regulations or other circumstances.)