Cincinnati Bell 2007 Annual Report Download - page 74

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Potential Payments upon Termination of Employment or a Change-in-Control
The following table shows potential payments to our Named Executive Officers directly and indirectly on
their behalf under existing contracts, agreements, plans or arrangements, whether written or unwritten, for
various scenarios involving a change-in-control or termination of employment, assuming a December 31, 2007
termination date and, where applicable, using the closing price of our common shares of $4.75 (as reported on the
NYSE as of December 31, 2007).
Name
Executive Payment on
Termination
Voluntary
Termination
($)
Involuntary Not
for Cause
Termination
($)
Involuntary for
Cause
Termination
($)
Change in
Control
($)
Death
($)
Disability
($)
John F. Cassidy Base Salary .................. — 1,290,000 1,928,550 —
Annual Incentive Target
Opportunity ................. — 1,677,000 2,507,115 838,500 838,500
Long Term Incentives —
Options .................... — 47,972 47,972 47,972 47,972
Long Term Incentives —
Performance Restricted Shares . . 2,987,560 2,987,560 2,987,560 2,987,560
Basic Benefits ................ — 25,105 25,105 — 81,588
Retiree Benefits ............... — 7,953,077 7,953,077 — 6,577,274
Other Contractual
Payments ................... —
Excise — Tax Gross-up (a)(b) . . . 7,448,779
TOTAL ................... — 13,980,714 22,898,158 3,874,032 10,532,894
Brian A. Ross Base Salary .................. — 375,000 750,000 —
Annual Incentive Target
Opportunity ................. — 375,000 750,000 375,000 375,000
Long Term Incentives —
Options .................... — 1,080 2,160 2,160 2,160
Long Term Incentives —
Performance Restricted Shares . . 349,244 601,588 601,588 601,588
Basic Benefits ................ — 12,304 12,304 — 123,040
Retiree Benefits ............... — 87,290 87,290 — 145,137
Other Contractual
Payments ................... —
Excise — Tax Gross-up (a)(b) . . . 907,261
TOTAL ................... — 1,199,918 3,110,603 978,748 1,246,925
Brian G. Keating Base Salary .................. — 250,000 500,000 —
Annual Incentive Target
Opportunity ................. — 125,000 250,000 125,000 125,000
Long Term Incentives —
Options .................... — 270 540 540 540
Long Term Incentives —
Performance Restricted Shares . . 155,325 262,200 262,200 262,200
Basic Benefits ................ — 11,421 11,421 — 3,807
Retiree Benefits ............... — 42,363 42,363 — 201,037
Other Contractual
Payments ................... —
Excise — Tax Gross-up (a)(b) . . . 464,307
TOTAL ................... — 584,379 1,530,831 387,740 592,584
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