Originally Posted by JamesBond

Define 'management'. If chief pilots are paid a bonus, does that not dilute the pool? And how many middle management employees will subsequently receive 'bonuses' in lieu of pay increases? PS is a big number, and a large percentage of revenue that is going to the employees. I am guessing that the hedge fund managers and big institutional investors are jumping on the CFO's desk about it. No. This loophole is too big, and it is a concession to profit sharing. It is too open ended for my taste.