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Client Alert

Executive Compensation and Related Person Disclosure

February 22, 2006

Elizabeth A. Brower, Robert R. Carlson, J. Mark Poerio and Michael L. Zuppone

As expected, on January 17, 2006, the Securities and Exchange Commission proposed regulations whose sheer comprehensiveness promises to shake existing systems for making—and disclosing—decisions about executive and director compensation, and related party transactions.

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