QOTD

Your starting annual base salary will be at the rate of one million dollars ($1,000,000) per annum, less applicable taxes and withholdings, paid in accordance with the Company’s normal payroll practices and subject to annual review for increase. You will also be eligible to receive an annual target bonus of two hundred percent (200%) of your annual Base Salary to be determined by the Compensation Committee of the Board in its discretion based on your performance and the Company’s performance for the relevant year.
… As a part of the Company team, we strongly believe that ownership of the Company by our employees is an important factor to our success. Therefore, as part of your compensation, the Compensation Committee will grant you at its next scheduled meeting at which equity grants are to be made (currently scheduled for January 30, 2009) an option to purchase five million (5,000,000) shares of the Company’s common stock.”

– A recent Yahoo SEC filing reveals what it took to convince Carol Bartz to step aboard the Yangtanic