eBay filed a preliminary Proxy Statement with the Securities and Exchange Commission to give notice of its annual meetings of stockholders. The meeting will be held on June 23, 2005 at 8 am at the Silicon Valley Conference Center in San Jose, California. Shareholders will vote on the following:
To elect three directors to hold office until our 2008 Annual Meeting of Stockholders;
To approve our eBay Incentive Plan in order to qualify it under Section 162(m) of the Internal Revenue Code.
To approve an amendment to our Certificate of Incorporation to increase the authorized number of shares of common stock from 1,790,000,000 shares to 3,580,000,000 shares.
To ratify the selection of PricewaterhouseCoopers LLP as our independent auditors for our fiscal year ending December 31, 2005.
To consider a stockholder proposal regarding granting of performance-vesting shares to senior executives.
To consider a stockholder proposal regarding the voting standard for director elections.
To transact such other business as may properly come before the meeting or any adjournment or postponement of the meeting.
Details can be found on the SEC Website, including salary and compensation for eBay's CEO and four most highly-compensated other executive officers. Whitman earned salary of $994,052; bonuses worth $1,553,480; and other compensation that included personal use of eBay's corporate aircraft and bonuses to cover any income taxes relating to such aircraft use.
The eBay Board of Directors has fixed the close of business on April 25, 2005, as the record date for identifying those stockholders entitled to notice of and to vote at the Annual Meeting.
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