Starwood 2012 Annual Report Download - page 80

Download and view the complete annual report

Please find page 80 of the 2012 Starwood annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 210

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210

STARWOOD HOTELS & RESORTS WORLDWIDE, INC.-2013Proxy StatementA-3
Article 8 - Performance Shares and Units ......................................................................................................................................................................................................................................A -14
8.1 Grant of Performance Shares/Units ..........................................................................................................................................................................................................................A -14
8.2 Value of Performance Shares/Units ..........................................................................................................................................................................................................................A -14
8.3 Earning of Performance Shares/Units ....................................................................................................................................................................................................................A -14
8.4 Form and Timing of Payment of Performance Shares/Units ........................................................................................................................................................A -14
8.5 Dividends and Other Distributions .............................................................................................................................................................................................................................A -14
8.6 Nontransferability ...........................................................................................................................................................................................................................................................................A -14
Article 9 - Other Awards ........................................................................................................................................................................................................................................................................................A -14
Article 10 - Performance Measures ...........................................................................................................................................................................................................................................................A -15
10.1 In General ................................................................................................................................................................................................................................................................................................A -15
10.2 Section 162(m) Performance Measures................................................................................................................................................................................................................A -15
10.3 Other Performance Measures .......................................................................................................................................................................................................................................... A -15
10.4 Committee Determination of Achievement of Performance Goals; Adjustments.................................................................................................A -15
Article 11 - Awards to Directors ...................................................................................................................................................................................................................................................................... A -16
11.1 Director Awards................................................................................................................................................................................................................................................................................A -16
11.2 Other Director Compensation .......................................................................................................................................................................................................................................... A -16
Article 12 - Benefi ciary Designation ..........................................................................................................................................................................................................................................................A -16
Article 13 - Deferrals ......................................................................................................................................................................................................................................................................................................A -16
Article 14 - Withholding .............................................................................................................................................................................................................................................................................................A -17
14.1 Tax Withholding ................................................................................................................................................................................................................................................................................A -17
14.2 Share Withholding .........................................................................................................................................................................................................................................................................A -17
Article 15 - Amendment and Termination ...........................................................................................................................................................................................................................................A -17
15.1 Amendment or Termination of Plan ...........................................................................................................................................................................................................................A -17
15.2 Amendment of Agreement ................................................................................................................................................................................................................................................... A -17
15.3 Cancellation of Awards ............................................................................................................................................................................................................................................................A -17
15.4 Assumption or Cancellation of Awards .................................................................................................................................................................................................................A -18
Article 16 - Change in Control ...........................................................................................................................................................................................................................................................................A -18
16.1 Single Trigger Treatment ........................................................................................................................................................................................................................................................A -18
16.2 Double Trigger Treatment ......................................................................................................................................................................................................................................................A -18
Article 17 - Miscellaneous Provisions .....................................................................................................................................................................................................................................................A -19
17.1 Restrictions on Shares .............................................................................................................................................................................................................................................................A -19
17.2 Rights of Stockholder ................................................................................................................................................................................................................................................................A -19
17.3 No Implied Rights ..........................................................................................................................................................................................................................................................................A -19
17.4 Compliance with Laws .............................................................................................................................................................................................................................................................A -19
17.5 Compliance with Code Section 409A ......................................................................................................................................................................................................................A -19
17.6 Deferrals for Code Section 162(m) .............................................................................................................................................................................................................................A -19
17.7 Successors ............................................................................................................................................................................................................................................................................................A -20
17.8 Tax Elections........................................................................................................................................................................................................................................................................................A -20
17.9 No Fractional Shares .................................................................................................................................................................................................................................................................. A -20
17.10 Delivery of Title .................................................................................................................................................................................................................................................................................A -20
17.11 Inability to Obtain Authority ................................................................................................................................................................................................................................................A -20
17.12 Uncertifi cated Shares ................................................................................................................................................................................................................................................................A -20
17.13 Legal Construction .......................................................................................................................................................................................................................................................................A -20
ANNEX A