Electronic Arts 2008 Annual Report Download - page 53

(6)
Includes (a) $2,000,000 forgiveness of a loan to Mr. Jenson; (b) $43,630 in imputed interest income on
the loan; (c) $26,648 paid on behalf of Mr. Jenson for relocation-related costs, including storage and ship-
ping of household goods; (d) $41,495 for the tax gross-up related to relocation costs incurred during and
prior to fiscal 2007; (e) $1,098 of term life insurance and disability premiums in fiscal 2007; and (f) com-
pany-matching 401(k) contributions of $13,200 earned by Mr. Jenson for fiscal 2007.
(7)
During fiscal 2008, Dr. Florin was on payroll in Geneva, Switzerland and paid in Swiss francs. The
amounts reflected in the Summary Compensation Table above (other than equity awards and Dr. Florin’s
fiscal 2008 bonus) were converted into U.S. dollars based on the exchange rates in effect on March 31,
2008.
(8)
Includes (a) $234,398 in company-paid relocation and international assignment expenses, of which
$191,626 was paid in the form of a housing allowance, $8,132 was related to language training, $25,640
related to dependent education, and $9,000 related to tax preparation assistance; (b) $135,556 in company-
matching defined contribution plan contributions; (c) $25,138 in automobile and fuel allowance received
by Dr. Florin for which all senior employees and members of management resident in Switzerland are
generally eligible; (d) $4,302 of company-paid medical and life insurance premiums and related benefits
and (e) tax gross-up of $101,667 for fiscal 2008.
(9)
During fiscal 2007, Dr. Florin was on payroll in the United Kingdom from April 1, 2006 through
August 31, 2006, and on payroll in Geneva, Switzerland from September 1, 2006 through March 31,
2007. As such, Dr. Florin’s salary and other compensation (other than equity awards) were paid in either
British pounds or Swiss francs. The amounts reflected in the Summary Compensation Table above (other
than equity awards and Dr. Florin’s fiscal 2007 bonus) were converted into U.S. dollars based on exchange
rates in effect on March 31, 2007.
(10)
Includes (a) $383,022 in company-paid relocation and international assignment expenses, of which
$198,418 was paid in the form of a housing allowance, $49,118 paid as a one-time cash relocation allow-
ance, $45,997 related to storage and shipping of household goods, $25,693 related to temporary living
expenses, $24,846 related to dependent education, $12,260 related to tax preparation assistance, and the
remainder related to various other relocation-related expenses; (b) $80,865 in company-matching defined
contribution plan contributions; (c) $23,309 in automobile and fuel allowance received by Dr. Florin for
which all senior employees and members of management resident in the UK and Switzerland are generally
eligible; and (d) $13,976 of company-paid medical and life insurance premiums and related benefits for
fiscal 2007.
(11)
Represents hiring bonus of $1,500,000.
(12)
Includes (a) $139,390 for relocation-related costs, including costs of a househunting trip, temporary hous-
ing, home sale costs and storage and shipping of household goods; and (b) $46,917 for the tax gross-up
related to the relocation costs incurred during fiscal 2008. For more information regarding Mr. Moore’s
compensation, see “Compensation Discussion and Analysis” above.
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