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Table of Contents



 



The following table sets forth, for each NEO, the plans in which he participated in 2014, the number of years of credited service in each such plan

he had at December 31, 2014, the present value of the accumulated benefit in each such plan at December 31, 2014 and the payments received

from such plan during 2014:

































John P. Tague



The Hertz Corporation Account Balance Defined Benefit Pension Plan

(the “Hertz Retirement Plan”)



N/A



N/A



—



The Hertz Corporation Benefit Equalization Plan (the “BEP”)



N/A



N/A



—



The Hertz Corporation Supplemental

Executive Retirement Plan (the “SERP II”)



N/A



N/A



—

Thomas C. Kennedy



Hertz Retirement Plan



N/A



N/A



—



BEP



N/A



N/A



—



SERP II



N/A



N/A



—

Brian P. MacDonald



Hertz Retirement Plan



N/A



N/A



—



BEP



N/A



N/A



—



SERP II



N/A



N/A



—

Michel Taride(2)



Hertz UK Pension Plan



1,871,435



—



Hertz UK Supplemental Plan



2,726,430



—

Robert J. Stuart



Hertz Retirement Plan



58,000



—



BEP



129,600



—



SERP II



997,400



—

Richard D. Broome



Hertz Retirement Plan



182,000



—



BEP



219,100



—



SERP II



1,800,000



—

Mark P. Frissora



Hertz Retirement Plan



—



—



BEP



1,069,700



—



SERP II



6,859,800



—

Scott P. Sider



Hertz Retirement Plan



409,200



—



BEP



409,300



—



SERP II



4,627,900



—

J. Jeffrey Zimmerman



Hertz Retirement Plan



59,900



—



BEP



149,200



—



SERP II



1,115,100



—

(1) The present value calculations use the same assumptions (except for retirement and pre‑retirement decrements) used for financial reporting purposes and reflect current

compensation levels. The assumptions used in the calculations are as follows:

Discount Rates-

For The Hertz Retirement Plan: 3.9% as of December 31. 2014, 4.8% as of December 31, 2013 and 4.0% as of December 31, 2012.

For the BEP and SERP II: 3.6% as of December 31, 2014, 4.4% as of December 31, 2013 and 3.5% as of December 31, 2012.

For the Hertz UK Pension Plan and Hertz UK Supplemental Plan: 3.7% as of December 31, 2014, 4.6% as of December 31, 2013 and 4.5% as of

December 31, 2012.

Mortality Table = RP2014 Mortality Table projection using scale MP2014.

Retirement Age = 60 or current age if older (earliest unreduced retirement age).

Pre‑retirement Decrements = None assumed.

Payment Form = Five year certain and life annuity.

247

Source: HERTZ GLOBAL HOLDINGS INC, 10-K, July 16, 2015 Powered by Morningstar® Document Research℠

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