Bed, Bath and Beyond 2010 Annual Report Download - page 57

BED BATH & BEYOND PROXY STATEMENT
55
Nonqualified
฀ ฀ ฀ 
Benefit Compensation Supplemental Life Insurance
Continuation (5) Balance฀฀ Pension (7) Substitute Payment฀ Total
$ 818,499 $ 841,107 $ 476,852 $ 2,125,000 $ 20,089,812
$ — $ — $ — $ — $ —
$ 818,499 $ 841,107 $ 476,852 $ 2,125,000 $ 20,089,812
$ 818,499 $ 841,107 $ 2,287,863 $ 2,125,000 $ 9,372,469
$ 1,690,246 $ 841,107 $ 862,071 $ 2,080,000 $ 21,301,778
$ — $ — $ — $ — $ —
$ 1,690,246 $ 841,107 $ 862,071 $ 2,080,000 $ 21,301,778
$ 1,690,246 $ 841,107 $ 2,866,279 $ 2,080,000 $ 10,777,632
$ — $ 128,132 $ 12,186,192 $ — $ 42,717,162
$ — $ 128,132 $ — $ — $ 2,628,132
$ — $ — $ — $ — $ —
$ — $ 128,132 $ 12,186,192 $ — $ 42,717,162
$ — $ 597,031 $ — $ — $ 12,702,053
$ — $ 597,031 $ — $ — $ 1,852,031
$ — $ — $ — $ — $ —
$ — $ 597,031 $ — $ — $ 12,702,053
$ — $ 435,965 $ — $ — $ 8,420,538
$ — $ 435,965 $ — $ — $ 1,475,965
$ — $ — $ — $ — $ —
$ — $ 435,965 $ — $ — $ 8,420,538
(9) The employment agreements of Messrs. Eisenberg and Feinstein provide that in the event any amounts paid or provided to the
executive in connection with a change in control are determined to constitute “excess parachute payments” under Section 280G of
the Code which would be subject to the excise tax imposed by Section 4999 of the Code, the payments and benefits due to the
executive will be reduced if the reduction would result in a greater amount payable to the executive after taking into account the
excise tax imposed by Section 4999 of the Code. However, no reduction of payments and benefits 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 26, 2011.
(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”.