ADT 2011 Annual Report Download - page 72

Description Chief Executive Officer Named Executive Officers
Pension benefits consisting of Voluntary termination by N/A.
accrued amounts in Mr. Breen without Good
supplemental retirement plans: Reason or termination by the
Company with Cause prior to
age 60—vested pension benefits
are subject to a reduction;
otherwise, no reduction.
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Prorated bonus in year of Yes, subject to applicable At the Company’s discretion and
termination: performance conditions. subject to applicable
performance conditions and
other incentive plan terms.
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Equity treatment(1): All awards vest in full upon an Upon an involuntary
involuntary termination without termination without Cause:
Cause or a termination for Awards granted prior to Oct. 12,
Good Reason: 2011:
• Options remain exercisable • All unvested RSUs and stock
for the remainder of their options are forfeited, except
term. that the executive receives
• Performance share units vest, one additional year of option
but remain subject to vesting.
performance criteria. • Performance share units are
forfeited unless the executive
is retirement eligible, in which
case all or a portion of the
shares which vest remain
subject to performance
criteria.
Awards granted on and after
Oct. 12, 2011:
• All unvested RSUs and stock
options are forfeited unless
the executive is retirement
eligible, in which case awards
vest pro rata based on the
number of full months of
service completed from the
grant date through the
termination date.
• Executive receives one
additional year of option
vesting.
• Performance share units
remain subject to performance
criteria.
For all awards, the executive has
12 months (or in the case of
retirement eligible employees,
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