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  "documentTitle": "Pershing Square | Activist Presentation Deck | 63 slides",
  "authorId": "pershing-square",
  "authorName": "Pershing Square Capital Management",
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  "documentKindLabel": "Activist deck",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2014-03-01 00:00:00",
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  "notes": "The slide uses a green callout box to highlight the specific components of the compensation structure.",
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      "kind": "callout",
      "text": "Incentive Compensation of Distributors . . .",
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      "text": "30% Retroactive Credits\n\"Hourly Consulting Pay\"— a deceptive term . . .\nComprised of three forms of recruiting rewards based on Volume Points accumulated by a Distributor's downline:\n(1) Commission,\n(2) Management Bonus, and\n(3) Mark Hughes Dividend",
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      "text": "Source: Interviews with Herbalife Distributors in China",
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      "text": "Distributor Incentives",
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