LeapFrog 2004 Annual Report Download - page 139
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Conclusion
LeapFrog gives executives the potential to earn attractive compensation rewards through the plans described
above. A significant portion of executive compensation, including that of the Chief Executive Officer, is
generated based upon company performance, and actual rewards are closely linked to LeapFrog’s success in
achieving financial goals and increases in long-term stockholder value. LeapFrog remains committed to this
philosophy of pay for performance, but we also recognize that the competitive market for talented executives and
the volatility of LeapFrog’s business may result in highly variable compensation for a particular time period.
Compensation Committee:
Caden Wang (Chairman)
Steven Fink
27