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Credit Suisse Group AG said March 31 that under its Performance Incentive Plan I, each PIP unit entitles the holder to approximately 4.8 shares of the group.
The company established this incentive plan to compensate, incentivize and retain senior management and executives particularly during 2004 and 2005, which the company said was a period of fundamental change for Credit Suisse. The units were granted in early 2005.
On April 20, Credit Suisse will deliver...