GNC 2010 Annual Report Download - page 165
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Table of Contents
Chief Executive Officer
Joseph Fortunato
Termination Termination
w/o Termination w/o
cause or w/o cause or Termination
for Good cause or for Good w/o
Reason or for Good Reason in Cause or
Non- Reason anticipation for Good
renewal of upon a of a Reason in
the Change in Change in Connection Voluntary Death or Change of
Agreement Control Control with an IPO Termination Disability Control
Benefit ($) ($) ($) ($) ($) ($) ($)
Lump Sum Base Salary 1,720,000 2,580,000 2,580,000 2,580,000 — 860,000 —
Lump Sum Annual Incentive Compensation 1,718,643 2,577,964 2,577,964 2,577,964 — — —
Lump Sum Annualized Value or Perquisites 143,124 214,686 214,686 214,686 — 71,562 —
Prorated Annualized Incentive Compensation 948,580 948,580 948,580 948,580 — 948,580 —
Health & Welfare Benefits 14,469 14,469 14,469 14,469 — 14,469 —
Accelerated Vesting of Stock Options 947,158 947,158 947,158 947,158 — 473,579 947,158
Payment Reduction — — — — — — —
Net Value 5,491,973 7,282,856 7,282,856 7,282,856 — 2,368,190 947,158
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