Exelon Generation Regional Headquarters 4300 Winfield Road Warrenville, IL 60555 . There are five officers who are a Named Executive Officer (“NEO”):Mr. Cerepak (Senior Vice President & Chief Financial Officer) continued to work with the segments to alignlong-term segment strategy with the strategy of the entire organization and set the overall direction.
Dover’s CEO may designate other employees as eligible and may revoke the eligibility of participants.Under the procedures, management determines whether a proposed transaction requires review under the policy and, if so, presents the transaction to the Governance andNominating Committee.
To achieve this objective, management is required to execute Dover’s strategy, resulting in sustainable revenue and earnings growth.
For purposes of the table, the assumed retirement age for each NEO is 65, the normal retirement age under each plan. Based solely on copies of such reports provided to us, we believethat all directors and officers filed on a timely basis all such reports required of them with respect to stock ownership and changes in ownership during 2014. David H. Benson (3)Based upon the review and discussions referred to above, the Audit Committee recommended that the audited financial statements for the year endedDecember 31, 2014 be included in Dover’s Annual Report on Form 10-K.1b. J-P. M. ErgasWe offer two non-qualified plans with participation generally limited to individuals whose annual salary and bonus earnings exceed the IRS limits applicable to ourqualified plans: our pension replacement plan (“PRP”) and our deferred compensation plan.Awards are settled in shares at the end of the three-year performance periodSeniorExecutive Change-in-Control Severance PlanThe Compensation Committee has the authority and discretion to retain external compensation consultants as it deemsappropriate. Employee Stock Purchase Plan. However, they will have the same effect as a vote against Proposals 2, 3, and 4.Gain in Value x Number of SSARs• Provide vital feedback to our Chief Executive Officer about hisperformance and opportunities for improvement.Use any touch-tone telephone to transmit your voting instructions upuntil 11:59 p.m. Eastern Time the day before the meeting date. Actualcompensation varies widely based on the individual’s business unit and performance against specific strategic objectives.Our compensation programs are designed to support the primary objective of creating sustained, long-term value for ourstockholders. They are intended to focus on a limited and measurable set of goals which, if accomplished, will benefit the shareholders of Dover over the long term.