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| | Long Island Press: Long Island Newspaper, News, Entertainment, Real Estate, Classifieds, Automotive, Weddings, Business ... (Site not responding. Last check: 2007-11-07) |
 | | Devine's base and incentive pay and benefits will remain unchanged for the extension of his five-year agreement, which expires on December 13, GM said. |
 | | GM will also continue to compensate Devine for the loss of his pension benefit from his prior employer, rival Ford Motor Co. The balance of Devine's special grant of restricted stock units, 50 percent or 95,200 shares, will vest and become payable 18 months after his retirement, GM said. |
 | | In 2004, Devine received a $1.55 million salary, $1.4 million bonus, options on 160,000 shares, $796,000 under a long-term incentive plan and a $385,020 contribution to replace his Ford pension, according to GM's proxy. |
| www.longislandpress.com /reuters/2_ds_20728.php (274 words) |
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