eTrade 2002 Annual Report Download - page 209
Download and view the complete annual report
Please find page 209 of the 2002 eTrade 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.-
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 -
211 -
212 -
213 -
214 -
215 -
216
 |
 |
AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to Employment Agreement (the “Amendment”) is made effective this 21 st day of January, 2003 (the “Effective Date”), by and
between E*TRADE Group, Inc., a Delaware corporation (“Company”), and [Name of Officer] (“Executive”).
A.The Company and Executive are parties to an employment agreement dated May 1, 2002 (the “Employment Agreement”).
B.Paragraph 3(d) of the Employment Agreement provides that, in the event of a Change in Control of the Company (as defined in the
Employment Agreement), all outstanding grants of stock options and/or restricted stock shall become immediately vested.
C.The Company and Executive have agreed that this provision of the Employment Agreement is no longer in the interest of either of the parties.
Therefore, in exchange for good and valuable consideration, the sufficiency of which is acknowledged by each of the parties, the Employment
Agreement is hereby amended to delete Paragraph 3(d) in its entirety.
D.Except as specifically provided above, all other terms and conditions of the Employment Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the day and year first above written.
E*TRADE GROUP, INC.
/s/G EORGE H AYTER
By: George Hayter
Lead Director
EXECUTIVE
/s/
EXHIBIT 12.1
STATEMENT OF COMPUTATION OF RATIO EARNINGS TO FIXED CHARGES
Year Ended December31, Three Months
Ended
December31,
2000
Year Ended September 30,
2002 2001 2000 1999 1998
(dollars in thousands)
Fixed Charges:
Interest expense $ 608,914 $ 832,137 $ 244,830 $ 630,397 $ 215,523 $ 120,355
Amortization of debt issuance costs 3,217 3,432 711 1,788 230 281
Estimated interest within rental
expense
10,501 15,912 5,307 14,202 12,213 7,281
Preference securities dividend
requirement of consolidated
subsidiaries
— — — — 6,083 6,840
Total fixed charges $ 622,632 $ 851,481 $ 250,848 $ 646,387 $ 234,049 $ 134,757
Earnings:
2003. EDGAR Online, Inc.