Tesla’s shareholders have voted ‘yes’ on CEO Elon Musk’s proposed $2.6 billion compensation plan.

The 10-year plan will vest in adherence to several completed milestones related to market valuation, with Musk awarded one-twelfth of the value of the package if the company hits a $100 billion market cap. For every $50 billion in market cap growth, another twelfth would be awarded, with other operational milestones related to revenue and profit in motion.

One point of the compensation package is its relation to performance, with no guaranteed pay in salary, bonuses, or stock received if the company does not meet its objectives.

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“Elon will receive no guaranteed compensation of any kind — no salary, no cash bonuses, and no equity that vests simply by the passage of time,” wrote Tesla in a Jan. 2017 statement. “Instead, Elon’s only compensation will be a 100% at-risk performance award, which ensures that he will be compensated only if Tesla and all of its shareholders do extraordinarily well.”

As of this writing, Musk earned $49,920 in 2017, with a total net worth of more than $20 billion. His current shareholdings, roughly 22 percent of company shares, would not be at risk under the new plan.

Many industry experts were vehemently opposed to the award, such as proxy advisory firm Glass Lewis & Co. in early Mar. 2017, which claims the award did not meet shareholders’ interest with its cost and dilution of shares.