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  "documentTitle": "Oil Gas EP Incentive Compensation",
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  "notes": "Includes definitions of ratable vs cliff vesting.",
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      "text": "Summary of prevalence of vesting types, vesting periods and award terms",
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      "text": "Stock Options/SARs Prevalence by Market Capitalization Rank",
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      "text": "Stock option awards predominantly consisted of nonqualified stock options rather than tax-favored incentive stock options. Awards generally vest on a ratable basis rather than cliff vesting. The most prevalent vesting period for stock options / SARs is three years. The most prevalent contractual term for stock options / SARs is 10 years.",
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      "text": "Percentage of Companies Granting: 53%",
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      "text": "Ratable vesting is when a portion of the award vests each year during the vesting period (i.e., one-third of the award vests on each of the first three anniversaries of the grant date). Cliff vesting is when the entire award vests at the end of the vesting period (i.e., 100 percent of the award vests on the third anniversary of the grant date).",
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