Excerpt from Term Paper:

......Financial ethics
Since it was obvious that the company was cheating the employees in many ways, they were entitled to a settlement because their earnings were stolen by their employers
The total amount of damages proximately caused by Kozlowskis misconduct is not yet known, but as set forth herein Kozlowskis conduct caused him to be enriched, and the Company to be harmed, in at least the following amounts: a. Key Employee Loans $18,840,461 -- principal balance as of May 31, 2002, plus accrued interest from January 31, 2002 $25,000,000 -- adjustment, plus accrued interest from August, 1999 b. Unauthorized TyCom Bonus - forgiveness of Florida Relocation Loans $32,644,338 -- Kozlowskis own unauthorized bonus $95,962,653 -- total cost to the Company (of which $79,177,081 represent senior executives benefits Kozlowski awarded without obtaining requisite Board approvals) c. Unauthorized ADT Automotive Bonus - including loan forgiveness, cash bonus, and restricted shares: $17,188,034 and 148,000 shares -- Kozlowskis own unauthorized bonus $36,584,338 and 261,500 shares -- total cost to the Company (of which $34,822,412 and 259,500 shares represent senior executives benefits Kozlowski awarded without obtaining the requisite Board approvals). d. Unauthorized Flag Telecom Bonus $8,219,650 -- Kozlowskis

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