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Baxter Execs' Pay At Risk Under Stock Options Plan
Chicago Tribune; subscription may be required Jan. 31, 2001
Excerpt: Saying it wants to better align executive pay with performance, Baxter is asking senior managers to trade in restricted shares for stock options that carry more risk. The restricted shares are considered a safer bet, because they retain some value even if Baxter's stock price declines. The options, however, are worth money only if Baxter shares rise above a specified price.
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