Total Cash Compensation (TCC) - For this report, TCC is the sum of Base Pay and Annual Bonus.

Long-Term Incentives (LTI) - For this report, LTI is any award that is delivered in a specific fiscal year, but is expected to compensate the executive for performance over a longer period of time (either prior or future performance). LTI includes Restricted Stock, Stock Options and Other Long-Term Incentive Plans.

Other Compensation - The SEC requires two columns of "Other Compensation" information to be reported in proxy statements. These two categories are included to cover all compensation-like awards that don't fit in any of these standard categories specified above. The first, "Other Annual Compensation," captures compensation paid out annually. The second, "All Other Compensation," captures any remaining compensation that cannot be classified in the other categories. For this report, both of these categories have been combined, and the result labeled "Other Compensation."

Rank - For the purposes of comparing executive pay across companies, this report ranks the executive's pay in descending order based on their total cash compensation (base pay plus bonus). The CEO, however, is always given a rank of 1 for his/her company regardless of pay, and the other executives are then ranked "2nd highest paid", "3rd highest paid", and so on. It is important to remember not all companies report the same number of executives in their proxies. Most companies report 5 executives, but some report more and some report less. This means that the lower ranking executive averages may be based on data from fewer companies than the higher ranking executives. Therefore there is a possibility that, for example, the average TCC for 5th highest paid executive could be higher than the average TCC for the 4th highest paid executive.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov [www.sec.gov/edgar/searchedgar/companysearch.html ] and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.