eBay 2004 Annual Report Download - page 76

(2) All 2004 bonuses represent amounts paid in 2004 and 2005 for services rendered in 2004, all 2003
bonuses represent amounts paid in 2003 and 2004 for services rendered in 2003, and all 2002 bonuses
represent amounts paid in 2002 and 2003 for services rendered in 2002.
(3) Represents: (i) in the case of Ms. Whitman for 2004, personal use of eBay's corporate aircraft, valued at
the incremental cost of such use to the company ($229,145), and an additional $128,390 bonus granted
by the Compensation Committee in 2005 to cover any income taxes relating to such aircraft use; (ii) in
the case of Ms. Whitman for 2003, personal use of eBay's corporate aircraft, valued at the incremental
cost of such use to the company ($307,496), and an additional $70,000 bonus granted by the
Compensation Committee in 2004 to cover any income taxes relating to such aircraft use; (iii) in the
case of Ms. Whitman for 2002, her personal use of eBay's corporate aircraft ($171,693), valued at the
incremental cost of such use to the company, and of a corporate aircraft from an unaÇliated third-party
vendor, which is valued at actual invoiced amounts ($74,961); and an additional $90,000 bonus granted
by the Compensation Committee in 2003 to cover any income taxes relating to such aircraft use; (iv) in
the case of Mr. Webb for 2004, personal use of eBay's corporate aircraft, valued at the incremental cost
of such use to the company ($28,070), and an additional $7,265 bonus granted by the Compensation
Committee in 2005 to cover any income taxes relating to such aircraft use; (v) in the case of
Mr. Bannick for 2002, costs associated with family transportation while Mr. Bannick worked out of our
European oÇces during the summer of 2002; and (vi) in the case of Mr. Cobb for 2004, personal use of
eBay's corporate aircraft, valued at the incremental cost of such use to the company.
Prior to 2004, eBay calculated the cost of the personal use of its corporate aircraft using the Standard
Industrial Fare Level (SIFL) tables prescribed under applicable IRS regulations. Beginning in 2004,
eBay calculated the value of the personal use of its corporate aircraft by estimating the incremental cost
to the company of such use. The calculation of incremental cost is based on the weighted average cost of
fuel, maintenance expenses, parts and supplies, landing fees, ground services, catering and crew expenses
associated with such use. Had eBay used the IRS's SIFL tables to calculate the value of the personal
use of its corporate aircraft by Ms. Whitman, Mr. Webb, and Mr. Cobb in 2004, such use would have
been valued at $154,267, $13,050, and $7,070, respectively. Because eBay has determined that this
incremental cost methodology produces generally higher amounts than use of the SIFL calculation
method, the incremental cost methodology has also been used to calculate the value of personal use of
corporate aircraft by Ms. Whitman for 2003 and 2002. Prior annual reports and proxy statements
reÖected the value of Ms. Whitman's personal use of corporate aircraft in 2003 and 2002 using the SIFL
calculation method, and valued such use at $115,857 and $58,101, respectively.
(4) Amounts have been adjusted to reÖect all prior stock splits, including eBay's two-for-one stock split that
occurred on February 16, 2005.
(5) Represents, in the case of each of the Named Executive OÇcers, insurance premiums we paid with
respect to group life insurance for their beneÑt and matching contributions under our 401(k) Plan
(subject to the maximum of $1,500 per annum).
(6) Represents amounts paid to Ms. Whitman under eBay's Management Incentive Plan.
(7) Represents (i) for 2004, $726,279 paid under eBay's Management Incentive Plan and $1,154,000 paid
under Mr. Webb's special retention plan; (ii) for 2003, $620,501 paid under eBay's Management
Incentive Plan and $646,100 paid under Mr. Webb's special retention plan; and (iii) for 2002, $387,254
paid under eBay's Management Incentive Plan and $449,900 paid under Mr. Webb's special retention
plan. See ""Item 13: Certain Relationships and Related Transactions.''
(8) Represents (i) for 2004, $462,948 for 2004 paid under eBay's Management Incentive Plan, $472,025
under Mr. Jordan's special retention plans and an additional $2,065 bonus granted by the Compensation
Committee in 2005; (ii) for 2003, $361,505 for 2003 paid under eBay's Management Incentive Plan and
$497,288 under Mr. Jordan's special retention plans; and (iii) for 2002, $202,212 paid under eBay's
Management Incentive Plan, $522,550 paid under Mr. Jordan's special retention plans and $15,000 paid
pursuant to our discretionary reward program. See ""Item 13: Certain Relationships and Related
Transactions.''
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