DE | 38-2760940 | |
(State or Other Jurisdiction of | (I.R.S. Employer | |
Incorporation or Organization) | Identification No.) |
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
In addition, effective January 1, 2005, per contractual agreement base salaries for the named executive officers of the Company increased as follows:
These increases in base salary were approved by the Compensation Committee which annually reviews and approves the corporate goals and objectives relevant to the compensation of the CEO and other corporate officers and sets compensation levels based o n such evaluation. The Committee evaluates the annual base salaries by assessing performance in terms of a number of financial and non-financial goals, such as sales growth, earnings, competitive environment, employee retention and such other factors the Committee determines appropriate.
VALASSIS COMMUNICATIONS, INC | ||||||||
Date: January 07, 2005. | By: | /s/ Barry P. Hoffman | ||||||
Barry P. Hoffman | ||||||||
Executive Vice President and Legal Counsel | ||||||||