other material
confidence high
sentiment neutral
materiality 0.30
Moody’s amends 2001 stock incentive plan; updates vesting, retirement, and Good Standing provisions
MOODYS CORP /DE/
- Revised definition of Good Standing and requires Retirement-eligible employees to be in Good Standing and comply with post-termination obligations.
- Company may require a release of claims as a condition for Retirement treatment of equity awards.
- Adds flexibility for RSU vesting schedules, allowing the Committee to adjust vesting terms.
- Clarifies that equity treatment upon death or Disability follows current practice without needing Compensation Committee approval.