Apple 2000 Annual Report Download - page 75

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COMPENSATION OF THE CHIEF EXECUTIVE OFFICER
In December 1999, in recognition of Mr. Jobs' outstanding performance over the previous two and a half years, the Board awarded Mr. Jobs a
special executive bonus in the form of a Gulfstream V airplane. The Board anticipates delivering the plane to Mr. Jobs during fiscal 2001. In
January 2000, Mr. Jobs accepted the position of Chief Executive Officer, which he had previously held on an interim basis. The Board at that
time granted Mr. Jobs 20 million options under the 1998 Plan. Mr. Jobs will continue to receive a salary of $1 per year for the services he
performs as the Company's Chief Executive Officer.
SECTION 162(m)
The Company intends that options granted under the Company's stock option plans be deductible by the Company under Section 162(m) of the
Internal Revenue Code of 1986, as amended.
MEMBERS OF THE BOARD OF DIRECTORS (EXCLUDING MR. JOBS)
72
William V. Campbell Gareth C.C. Chang Millard S. Drexler
Lawrence J. Ellison Arthur D. Levinson Jerome B. York