Our stock options generally:


•	vest over four years of continuous service and


•	must be exercised within 10 years of the grant date.

The vesting and post-termination vesting terms for stock options granted in 2011 and 2010 were as follows:


•	vest ratably over 4 years;


•	vest or continue to vest in the event of death, disability or retirement at an age of at least 62;


•	continue to vest for one year in the event of involuntary termination when the retirement criteria for full or continued vesting have not been met; and


•	stop vesting for all other situations including early retirement prior to age 62.

The vesting and post-termination vesting terms for stock options granted in 2009 were as follows:


•	vest upon retirement for employees aged 65 or older, or employees aged 62 – 64 with at least 10 years of service;


•	continue to vest following retirement for employees ages 55 – 61 with at least 10 years of service; and


•	continue to vest following involuntary termination due to job elimination or the sale of a business.

During first quarter 2009, we awarded selected executives with special stock options that:


•	vest at the end of four years of continuous service and


•	must be exercised within ten years of the grant date.

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General description of deferred compensation arrangements. Deferred compensation represents currently earned compensation that, under the terms of a profit-sharing, rabbi trust, pension, employee contract, or equity-based (including stock or unit option) plan, is not actually paid until a later date and is therefore not taxable until that date. May also include some split-dollar life insurance arrangements. This type of arrangement is usually made to help employees postpone paying taxes on the income and also to retain employees longer.

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