APC 2010 Annual Report Download - page 127

CORPORATE GOVERNANCE
3
MANAGEMENT INTERESTS ANDCOMPENSATION
Summary table of the remuneration of each Senior Management corporate officer
Jean-Pascal TRICOIRE 2010 2009
President and CEO Amount due Amount paid Amount due Amount paid
Fixed remuneration 850,000 850,000 765,000 765,000
Variable remuneration 1,468,800 1,147,500 1,147,500 1,063,350
Exceptional remuneration ----
Attendance fees ----
Benefi ts in kind (company car) 5,146 5,146 4,812 4,812
TOTAL 2,323,946 2,002,646 1,917,312 1,833,162
Emmanuel BABEAU 2010 2009 (May-December)
Member of the Management Board Amount due Amount paid Amount due Amount paid
Fixed remuneration 500,000 500,000 238,506 238,506
Variable remuneration 709,650 316,000 316,000 -
Exceptional remuneration - - 100,000 100,000
Attendance fees ----
Benefi ts in kind (company car) 5,517 5,517 2,758 2,758
TOTAL 1,215,167 821,517 657,264 341,264
Subscription or purchase options attributed during the financial year to each Management Board corporate
officer by the issuer and by any company in the Group.
No options to subscribe new shares or purchase existing shares were granted to members of the Management Board in 2010.
For a complete understanding of the information reported in the summary of the compensation, stock options and stock grants received
by each member of the Management Board (see page124), the two allocations made in 2009 are disclosed hereafter.
Plan
number(1) Plan date Unit valuation
IFRS2
Number
of options
awarded Exercise price Exercise period Type of options(2)
Jean-Pascal
TRICOIRE
31 Jan. 05, 2009 10.92 45,000 52.12 Jan. 05, 2013 - Jan. 04, 2019 P/S
33 Dec. 21, 2009 19.16 50,000 75.84 Dec. 21, 2013 - Dec. 20, 2019 P/S
Emmanuel
BABEAU
32(3) Aug. 21, 2009 16.26 5,000 62.61 Aug. 21, 2013 - Aug. 20, 2019 P/S
33 Dec. 21, 2009 19.16 15,000 75.84 Dec. 21, 2013 - Dec. 20, 2019 P/S
(1) Plan 31 for 2009, exceptional plan 32, plan 33 for 2010.
(2) Their type, purchase options (P) or subscriptions options (S) will be determined before the start of the fi nancial year.
(3) Exceptional plan 32 with no performance conditions.
Plan 31 Plan 33
Performance criteria 50% of options / 100% for the Management
Board – 2011 operating margin and 2009 to
2011 EPS compared to a benchmark selection
100% of options – 2010 and2011 operating
margin and share of revenue generated in new
economies
2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 125