Starwood 2009 Annual Report Download - page 42

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regarding the employment relationship, the Company requires the Executive Officer to sign his employment
agreement shortly following the date of Board approval of the employment package; the later of the date on which
the Executive Officer signs his employment agreement or the date that the Executive Officer begins employment
becomes the grant date of these equity compensation awards.
The Company’s policy is that the grant date of equity compensation awards is always on or shortly after the
date the Compensation Committee approves the grants, which is generally in February. However, the Compensation
Committee has the discretion under unusual circumstances to award grants at other times in the year.
III. COMPENSATION COMMITTEE REPORT
The Compensation and Option Committee of the Board of Directors of Starwood Hotels & Resorts Worldwide,
Inc. (the “Company”) has reviewed and discussed the Compensation Discussion and Analysis required by
Item 402(b) of Regulation S-K with management and, based on such review and discussions, recommended to
the Board of Directors that the Compensation Discussion and Analysis be included in the Company’s Proxy
Statement for the 2010 Annual Meeting of Stockholders.
COMPENSATION AND OPTION COMMITTEE
Adam M. Aron, Chairman
Clayton C. Daley, Jr.
Bruce W. Duncan
Lizanne Galbreath
Kneeland C. Youngblood
33