Ingram Micro 2007 Annual Report Download - page 2

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TABLE OF CONTENTS
Page
PROXY STATEMENT ............................................................ 1
ABOUT THE MEETING .......................................................... 1
Purpose of the Annual Meeting ..................................................... 1
Quorum ...................................................................... 1
WhoMayVote................................................................. 1
HowtoVote................................................................... 1
How Proxies Work .............................................................. 2
Proposals You are Asked to Vote on and the Board’s Voting Recommendation .................. 2
Vote Necessary to Approve Proposals ................................................ 3
Revoking Your Proxy ............................................................ 3
Proxy Solicitation Costs .......................................................... 3
PROPOSAL 1 — ELECTION OF DIRECTORS ........................................ 3
Recommendation of the Board of Directors ............................................ 3
Nominees for election as Class I Directors (terms expiring at the 2011 annual meeting) ........... 3
Continuing Class II Directors (terms expiring at the 2009 annual meeting) ..................... 4
Continuing Class III Directors (terms expiring at the 2010 annual meeting) .................... 5
BOARD OF DIRECTORS ......................................................... 6
Compensation of Board of Directors ................................................. 6
Committees of the Board of Directors ................................................ 11
Corporate Governance ............................................................ 12
Independence Determination for Directors ............................................. 13
Audit Committee Financial Qualifications ............................................. 13
Director Nominations ............................................................ 14
Contacting the Board and Further Information on Corporate Governance ...................... 14
STOCK OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT ......... 15
Section 16(a) Beneficial Ownership Reporting Compliance ................................ 17
CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS .................. 17
REPORT OF THE AUDIT COMMITTEE ............................................ 17
REPORT OF THE HUMAN RESOURCES COMMITTEE ............................... 19
COMPENSATION DISCUSSION AND ANALYSIS...................................... 20
Executive Summary ............................................................. 20
Objectives of the Compensation Programs ............................................. 20
Overall Design and Elements of the Executive Compensation Program ........................ 20
Information About the Human Resources Committee of our Board of Directors and Its Practices .... 21
Factors in Designing and Determining Levels of Executive Compensation ..................... 22
Elements of Compensation ........................................................ 23
Stock Ownership Guidelines ....................................................... 31
Retirement, Other Benefits, and Perquisites ............................................ 31
Employment Contracts, Termination of Employment Arrangements, and Change-in-Control
Arrangements ................................................................ 33
Special, One-time, Nonrecurring, or Other Compensation Payments or Arrangements ............. 33
Internal Revenue Code Section 162(m) Policy .......................................... 34
Compensation Committee Interlocks and Insider Participation .............................. 34