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GOOG > SEC Filings for GOOG > Form 8-K on 3-Mar-2009All Recent SEC Filings

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Form 8-K for GOOGLE INC.


3-Mar-2009

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Fiscal Year 2008 Executive Bonus Awards

On February 26, 2009, the Leadership Development and Compensation Committee of the Board of Directors of Google determined the allocation of the discretionary bonus payment among Google's executive officers under the Executive Bonus Plan (the "Plan"). The Plan sets the maximum amount payable to any one executive in the fiscal year 2008 at $6.0 million. These payments are in recognition of executive officers' contributions to performance in 2008. The table below sets forth the individual discretionary bonus payments to Google's named executive officers and George Reyes, Google's former Senior Vice President & Chief Financial Officer:

                        Name                  Bonus Amount
                        Eric Schmidt                     -
                        Sergey Brin                      -
                        Larry Page                       -
                        Robert A. Eustace    $    1,376,000
                        Omid Kordestani      $    1,376,000
                        Patrick Pichette     $    1,244,000
                        George Reyes         $      675,000
                        Jonathan Rosenberg   $    1,638,000


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