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Toivanen v. Electronic Arts (Canada) Inc. (No. 2 ... - Canada.com

Toivanen v. Electronic Arts (Canada) Inc. (No. 2 ... - Canada.com

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the six months (February and August), EA takes the accumulated amount and purchases<br />

as many whole shares as possible for the employee’s benefit. The purchase price is the<br />

lower of the market price on the first or the last day of the 6 month period, less a 15%<br />

discount.<br />

Ms. <strong>Toivanen</strong>’s Remuneration, Performance Assessments and Stock Options<br />

[69] EA made certain admissions about Ms. <strong>Toivanen</strong>’s remuneration, performance<br />

assessments and stock options.<br />

A. Remuneration<br />

[70] Ms. <strong>Toivanen</strong> was promoted as follows:<br />

Effective Date Action Job Title Annual Salary<br />

<strong>No</strong>vember 18, 1996 Hired Production Assistant I $38,000<br />

April 6, 1998 Promotion Production Assistant II $42,200<br />

June 5, 2000 Promotion Localisation Producer $56,000<br />

[71] Ms. <strong>Toivanen</strong> received the following pay increases:<br />

Effective Date<br />

Annual Rate<br />

<strong>No</strong>vember 3, 1997 $39,200<br />

<strong>No</strong>vember 2, 1998 $44,600<br />

<strong>No</strong>vember 1, 1999 $49,060<br />

October 30, 2000 $57,500<br />

April 2, 2001 $59,500<br />

17

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