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Outlook remuneration policy
Remuneration continued
Ahold
Annual Report 2010
Group at a glance
Performance
Fi nancials
Investors
Other contract terms
Loans
Ahold does not provide loans to members of the Corporate Executive Board. There are no loans
outstanding.
Additional arrangements
In addition to the remuneration allocated to Corporate Executive Board members, a number of
additional arrangements apply. These include expense allowances, medical insurance, and
accident insurance, and are in line with standard practice in the Netherlands.
Employment agreements
The term of appointment for all Corporate Executive Board members is set at four years, while
the term of employment is indefinite. If the Company terminates the employment agreement of
any member of the Corporate Executive Board, the severance payment is limited to one year's
base salary. The same applies if an initial employment agreement for four years is not continued
because the Corporate Executive Board member is not reappointed. The employment
agreements may be terminated by Ahold with a notice period of 12 months, and by the Corporate
Executive Board member with a notice period of six months.
No major changes to either the policy or the design of the incentive programs are suggested
for 2011.