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Kevin Parker
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Interesting thoughts and arguments for a chance to the schedule. Of course, the best way to properly align incentives would be to allow boards to have more flexibility to alter schedules if that would be supported by practice and custom. However, the problem with greater flexibility is that you will quickly start to have 409A issues that you don't have when you have a set plan. Not to say that you couldn't structure things in a way to avoid 409A, but it is certainly something that will muck up any attempt to bring more flexibility to the system.
Toggle Commented May 26, 2010 on Why Is Four The Magic Number? at Seeing Both Sides
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May 26, 2010