Proposal

(2) Advisory Vote to Ratify Named Executive Officers' Compensation

Sponsor: Mgmt


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Votes on this proposal

CBIS For
Calvert Funds (1 vote) For
Calvert Social Index Fund For
Calvert Social Index Fund: A vote FOR this proposal is warranted. CEO Zelnick and NEO Slatoff are not employees of Take-Two Interactive. Rather, they serve as executives of the company under a management services agreement with ZelnickMedia. While Take-Two does not directly compensate Zelnick and Slatoff, the company provides thorough disclosure of pay arrangements and outcomes. This level of disclosure is sufficient to adequately assess the alignment between pay and performance. There is some concern, however, that the short-term incentive program relies on goals of questionable rigor.