Albertsons 2006 Annual Report Download - page 35

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company’s common stock on the date of the grant. Stock appreciation rights may not be granted at a price less
than 100 percent of the fair market value of the common stock on the date of the grant. Unless the Board
otherwise specifies, restricted stock and restricted stock units will be forfeited and reacquired by the company if
an employee is terminated. Performance awards granted under the plan may be payable in cash, shares, restricted
stock, other securities, other awards under the plan or other property when the participant achieves performance
goals set by the Board.
Restricted Stock Plan. The Board of Directors adopted the Restricted Stock Plan on April 10, 1991 to
provide for the granting of restricted stock to management employees of the company or any of its subsidiaries
who are not subject to the provisions of Section 16 of the Securities Exchange Act of 1934 at the time of an
award. The Board amended this plan on February 24, 2001 to increase the total shares available for issuance to
300,000. This plan has no expiration date. The chief executive officer administers this plan and may determine
who is eligible to participate in the plan, the number of shares to be covered by each award and the terms and
conditions of any award or agreement under the plan (including the forfeiture, transfer or other restrictions
relating to such award).
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
Not applicable.
ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES
The information called for by Item 14 is incorporated by reference to the Registrant’s definitive Proxy
Statement to be filed with the SEC pursuant to Regulation 14A in connection with the Registrant’s 2006 Annual
Meeting of Stockholders under the heading “Independent Registered Public Accountants’ Fees.”
35