* GM chief Rick Wagoner was hit with a nearly 50 percent pay cut in 2005 and volunteered for a 50 percent cut in his $2.2 million salary in 2006.
* Gerard Arpey, chairman and CEO of American Airlines, turned down a 22 percent raise in 2004 as the airline struggled.
* Google CEO Eric Schmidt and co-founders Sergey Brin and Larry Page took $1 salaries for the past three years and annual bonuses of less than $2,000 each. All three have huge stock holdings that have made them wealthy.
* Delphi Corp. Chairman Steve Miller reduced his $1.5 million salary to $1 after the auto parts company filed for bankruptcy protection.
* Ex-PepsiCo boss Roger Enrico slashed his $900,000 salary to $1 in 1998, 1999 and 2000 so the money could be used for scholarships for employees' kids. Now chairman of Dreamworks Animation, both Enrico and CEO Jeffrey Katzenberg are paid a $1 annual salary with no bonus. They have millions of dollars worth of restricted stock, which typically requires executives to stay for certain periods.
* Yahoo chief Terry Semel recently went to a salary of $1. He also was given millions worth of stock options.
* Apple chief Steve Jobs, who has a significant stake in the company's stock, receives a $1 salary and no bonus. In 2003 he gave up his stock options and received restricted shares, valued at $532 million at the time.
Sources: Company filings with the Securities and Exchange Commission; news reports
The pamphlet was short on specifics, but it said employees will also receive cash lump sums, profit-sharing and company contributions to a new retirement savings plan.
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