Occidental Petroleum 2006 Annual Report Download - page 119
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EXHIBIT 1
2005 Long-Term Incentive Plan
2007 Grant to OPC Participants
Performance up to and at target pays in shares; performance over target pays in cash
(% of Number of Target Shares of Performance Stock that become Nonforfeitable based on Comparison of Total
Stockholder Return for the Peer Companies for the Performance Period)
Ranking 8 Cos. 7 Cos. 6 Cos. 5 Cos. 4 Cos. 3 Cos. 2 Cos. 1 Co.
1200% 200% 200% 200% 200% 200% * *
2167% 167% 150% 150% 133% 100% *
3133% 133% 100% 100% 67% 0%
4100% 100% 100% 50% 0%
5100% 67% 50% 0%
667% 33% 0%
733% 0%
80%
* Committee discretion
6