That package, valued at $2 million to $3 million, has been approved by the State Insurance Commissioner, Samuel F. Fortunato.

At United Airlines, Glenn Tilton, the chief executive, received a package valued at $40 million or more after running the company through three years in bankruptcy.

The winner will be given a development package valued at $25,000.

Runner ups will be given development packages valued at $5,000.

The city has never offered packages valued at more than $25,000 per employee.

But the company offered a competing cash-and-securities package valued at $49.50 a share.

In 1793, Gell's squadron captured a Spanish ship which contained two million dollars and packages valued at over 200,000 pounds.

He had declined to approve an earlier settlement that included a cash payment of only $37 million as part of a package valued at $100 million.

That deal, part of a package valued at $1 million to $2 million, could allow for even more product placement.

Charman eventually offered his wife a package valued at £20 million.