110-H.AMDT.102 to 110-H.R.1257

Amendment concerned non-qualified, deferred compensation and sought to allow the issuers to be exempt from the nonbinding shareholder vote on executive pay if the issuer provided the majority of the executive's compensation in the form of non-qualified deferred compensation.

H.AMDT.102(A010)
Amends: H.R.1257
Sponsor: Rep Putnam, Adam H. [FL-12](offered 4/20/2007)

AMENDMENT DESCRIPTION:
Amendment concerned non-qualified, deferred compensation and sought to allow the issuers to be exempt from the nonbinding shareholder vote on executive pay if the issuer provided the majority of the executive`s compensation in the form of non-qualified deferred compensation.

AMENDMENT PURPOSE:
An amendment numbered 11 printed in the Congressional Record to insert provisions regarding a deferred compensation exemption.

STATUS:

    4/20/2007 9:35am:
    Amendment (A010) offered by Mr. Putnam. (consideration: CR H3701-3703, H3710-3711; text: CR H3701)
    4/20/2007 11:20am:
    On agreeing to the Putnam amendment Failed by recorded vote: 160 - 240 (Roll no. 241).

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