Bed, Bath and Beyond 2009 Annual Report Download - page 59

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BED BATH & BEYOND PROXY STATEMENT
57
Nonqualified
฀ ฀ ฀ ฀ ฀ Senior฀Status฀ ฀ ฀ ฀ Deferred฀ ฀ Split-Dollar
Benefit Compensation Supplemental Life Insurance
฀(3)฀ Continuation (5) Balance฀(6)฀ Pension (7) Substitute Payment฀(8) Total
$ 817,834 $ 443,898 $ 912,266 $ 2,125,000 $ 18,162,691
$ — $ — $ — $ — $ —
$ 817,834 $ 443,898 $ 912,266 $ 2,125,000 $ 18,162,691
$ 817,834 $ 443,898 $ 2,302,879 $ 2,125,000 $ 8,989,611
$ 1,665,150 $ 443,898 $ 1,373,726 $ 2,080,000 $ 19,426,467
$ — $ — $ — $ — $ —
$ 1,665,150 $ 443,898 $ 1,373,726 $ 2,080,000 $ 19,426,467
$ 1,665,150 $ 443,898 $ 2,841,604 $ 2,080,000 $ 10,330,652
Steven฀H.฀Temares฀
$ — $ 86,216 $ 7,236,206 $ — $ 29,440,968
$ — $ 86,216 $ — $ — $ 1,586,216
$ — $ — $ — $ — $ —
$ — $ 86,216 $ 7,236,206 $ — $ 29,440,968
(13)
$ — $ 849,599 $ — $ — $ 9,958,392
$ — $ 849,599 $ — $ — $ 1,904,599
$ — $ — $ — $ — $ —
$ — $ 849,599 $ — $ — $ 9,958,392
Eugene฀A.฀Castagna฀
$ — $ 273,434 $ — $ — $ 5,990,888
$ — $ 273,434 $ — $ — $ 1,113,434
$ — $ — $ — $ — $ —
$ — $ 273,434 $ — $ — $ 5,990,888
(8) This amount will be paid on the last day of the following fiscal year.
(9) Based on their employment agreements, Messrs. Eisenberg and Feinstein are eligible to receive tax gross-up payments in the event
that excise taxes are triggered as a result of certain types of compensation payments, as defined under Section 280G of the Code,
that may become payable in connection with a change in control. However, no tax gross-up payments are disclosed above since
neither of these executives would have been subject to excise taxes as a result of payments subject to Section 280G of the Code that
would have been made in connection with a change in control occurring on February 27, 2010.
(10) Cash severance represents three times current salary payable over a period of three years.
(11) In the event of a termination of employment due to death or disability, Mr. Temares (or his estate) will receive the same payments as
if there was a “Termination Without Cause”.
(12) Cash severance represents one times current salary payable over a period of one year.
(13) In the event of a termination of employment due to death or disability, Mr. Stark (or his estate) will receive the same payments as
if there was a “Termination Without Cause”.
(14) In the event of a termination of employment due to death or disability, Mr. Castagna (or his estate) will receive the same payments
as if there was a “Termination Without Cause”.