Cincinnati Bell 2012 Annual Report Download - page 66

Potential Payments upon Termination of Employment or a Change in Control
The following table shows potential payments to our NEOs 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 31,2012 termination or
change in control date and, where applicable, using the closing price of our common shares on December 31,
2012 of $5.48.
Potential Payments upon Termination of Employment or a Change in Control: 2012
Name Executive Payment on Termination
Involuntary
Not for
Cause
Termination
($)
Change in
Control
($)
Death
($)
Disability
($)
John F. Cassidy (a) Base Salary ............................................ 6,635,489 2,242,500 — —
Annual Incentive Target Opportunity ........................ — 3,363,750 266,594 266,594
Long Term Incentives — Options .......................... 2,225,079 2,225,079 2,225,079 2,225,079
Long Term Incentives — Performance Shares (e) .............. 1,635,944 1,635,944 1,635,944 1,635,944
Long Term Incentives — Non-Equity Incentive
Compensation (b) ..................................... 1,367,328 1,367,328 1,367,328 1,367,328
Basic Benefits (c) ....................................... 23,094 23,094 — 23,094
Retiree Benefits ........................................ 496,978 496,978 — 65,584
Excise — Tax Gross-up (d) ............................... — — — —
Total ............................................... 12,383,912 11,354,673 5,494,945 5,583,623
Kurt A. Freyberger Base Salary ............................................ 737,000 737,000 — —
Annual Incentive Target Opportunity ........................ — 737,000 87,242 87,242
Long Term Incentives — Options .......................... 237,395 406,226 406,226 406,226
Long Term Incentives — Performance Shares (e) .............. 284,231 522,956 522,956 522,956
Basic Benefits .......................................... 12,026 12,026 — 228,494
Retiree Benefits ........................................ — — — —
Excise — Tax Gross-up (d) ............................... — — — —
Total ............................................... 1,270,652 2,415,208 1,016,424 1,244,918
Theodore H. Torbeck Base Salary (f) ......................................... 2,178,000 1,452,000 — 2,178,000
Annual Incentive Target Opportunity ........................ — 1,452,000 181,500 181,500
Long Term Incentives — Options .......................... — — — —
Long Term Incentives — Restricted Shares ................... 4,401,634 5,448,768 5,448,768 5,448,768
Basic Benefits .......................................... 12,738 12,738 — —
Retiree Benefits ........................................ — — — —
Excise — Tax Gross-up (d) ............................... — — — —
Total ............................................... 6,592,372 8,365,506 5,630,268 7,808,268
Gary J. Wojtaszek (g) Base Salary ............................................ 1,152,000 1,152,000 — —
Annual Incentive Target Opportunity ........................ — 1,152,000 144,000 144,000
Long Term Incentives — Options .......................... 442,290 611,121 611,121 611,121
Long Term Incentives — Performance Shares (e) .............. 489,298 836,182 836,182 836,182
Basic Benefits .......................................... 12,930 12,930 — 254,850
Retiree Benefits ........................................ — — — —
Excise — Tax Gross-up (d) ............................... — — — —
Total ............................................... 2,096,518 3,764,233 1,591,303 1,846,153
Christopher J. Wilson Base Salary ............................................ 583,440 707,200 — —
Annual Incentive Target Opportunity ........................ — 459,680 56,175 56,175
Long Term Incentives — Options .......................... 320,601 455,666 455,666 455,666
Long Term Incentives — Performance Shares (e) .............. 396,204 653,523 653,523 653,523
Basic Benefits .......................................... 12,241 12,241 — 164,274
Retiree Benefits ........................................ — — — —
Excise — Tax Gross-up (d) ............................... — — — —
Total ............................................... 1,312,486 2,288,310 1,165,364 1,329,638
(a) Mr. Cassidy retired effective January 31, 2013; therefore, he is no longer eligible for any payments upon termination or change in
control.
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