iRobot 2014 Annual Report Download - page 35

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29
• PM&P did not provide any services to us or our management other than service to the compensation committee
(including compensation benchmarking for our senior leadership team), and it its services were limited to executive
compensation consulting.
• Fees paid by us to PM&P represented 0.1% of PM&P's total revenue for the period December 2013 through December
2014;
• PM&P maintains a Conflicts Policy and an Insider Trading Policy which were provided to the compensation committee
with specific policies and procedures designed to ensure independence;
• None of the PM&P consultants on our account had any business or personal relationship with our compensation
committee members;
• None of the PM&P consultants on our account, or PM&P, had any business or personal relationship with our executive
officers; and
• None of the PM&P consultants on our account directly own shares of our stock.
The compensation committee continues to monitor the independence of its compensation consultant on a periodic basis.
Proxy Statement