Steve Jobs deposition, page 29, March 18, 2009


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E bil
handcuffs are dramatically increased, which is what 09:52:11
I was hoping would happen.

Q. And, again, Im not trying to hold you to
any kind of mathematical precision, but when is it
that you think you first started discussing the 09:52:29
concept of a large grant with members of Apples
board?
A. I don't really recall. I think it was in
the fall of 2000.
Q. And approximately how many members did 09:52:45
Apple's board have in the 2000-2001 timeframe?
A, I don't remember.
Q. Going back then to at some point in time
when you first started hroaching this concept of the
large grant with Apple board members, what was 09:53:05
the if there was a general reaction of Apple's
board, what was it?
A. Well, I think it was favorable, The one
ongoing discussion that] [and I had, it was more
of a philosophical discussion because was whether 09:53:20
mega grants were better than grants every year.
also wanted me to install a cash bonus
program at the end of each fiscal year based on the
performance of the company.
09:53:38
Q. Okay. Andis?
[i`;]

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