When a business takes an inventory, it counts the quantity of each stock keeping unit.
For 2003, directors will receive a single $250,000 fee split 60-40 between what the company calls "deferred stock units" and cash.
The deferred stock units accumulate with dividends in an account the director cannot touch before leaving the board.
A lower price would take the form of providing more than one unbundled stock unit to shareholders for each share they trade in.
Under the plan, the companies would offer to exchange the stock units for up to 20 percent of their shares.
Once packed the new "stock units" are labelled and warehouse.
Now you can buy the stock unit for only 414 bushels of corn.
Now you can buy the stock unit for less than 23 barrels of oil.
Directors were also granted $60,000 in deferred stock units each year at that time.
But that amount included $4.2 million in performance-based stock units that he may never earn.