[sokoloff]

Deferred compensation plans are not solely to manage or modify tax treatment of compensation.

As a long-term shareholder, I want the CEO, board, and senior executive compensation to be tied to long term shareholder value creation. By far the easiest way to do that is to create a deferred compensation plan that ties their financial outcome to that of a long-term shareholder.

If I win big holding their shares, I want them to win big.

If they just match the market, they should get paid something for their time, but not anything exceptional.