Neiman Marcus 2008 Annual Report Download - page 75

Table of Contents
Executive Benefits and
Payments Upon Separation
Termination
due to
death
($)(1)(5)
Termination
due to
disability
($)(1)(2)
Termination
without cause
or for
good reason
($)(3)
Change in
Control
($)(1)(4)
JAMES E. SKINNER
Compensation:
Severance $ — $ — $ 943,200 $ —
Benefits & Perquisites:
Retirement Plans 78,354 78,354 78,354 78,354
Deferred Compensation Plan 279,175 279,175 279,175 279,175
Cash Incentive Plan Payment — — — 1,095,631
Long-Term Disability — 240,000 — —
Health and Welfare Benefits — — 26,394 —
Life Insurance Benefits — — — —
Total James E. Skinner $ 357,529 $ 597,529 $ 1,327,123 $ 1,453,160
JAMES J. GOLD
Compensation:
Severance $ — $ — $ 748,800 $ —
Benefits & Perquisites:
Retirement Plans 131,826 131,826 131,826 131,826
Cash Incentive Plan Payment — — — 1,095,631
Long-Term Disability — 240,000 — —
Health and Welfare Benefits — — 34,422 —
Life Insurance Benefits — — — —
Total James J. Gold $ 131,826 $ 371,826 $ 915,048 $ 1,227,457
GERALD A. BARNES
Compensation:
Severance $ — $ — $ 637,500 $ —
Benefits & Perquisites:
Retirement Plans — — — —
Deferred Compensation Plan 35,942 35,942 35,942 35,942
Cash Incentive Plan Payment — — — 219,133
Long-Term Disability — 240,000 — —
Health and Welfare Benefits — — 34,422 —
Life Insurance Benefits — — — —
Total Gerald A. Barnes $ 35,942 $ 275,942 $ 707,864 $ 255,075
Footnotes:
(1) Represents a lump sum payout under the deferred compensation plans. See "Nonqualified Deferred Compensation" on
page 64 of this section.
(2) Represents long-term disability payments of $20,000 per month for twelve months payable from the Company's long-
term disability insurance provider.
(3) Represents a lump sum payment of one and one-half times base salary for each of Messrs. Skinner, Gold, and Barnes.
The amount included for health and welfare benefits represents a continuation of COBRA benefits for a period of
eighteen months. Calculations were based on COBRA rates currently in effect. See "Employment and Other
Compensation Agreements" on page 65 of this section.
(4) Represents a lump sum payments payable under the Cash Incentive Plan more fully described on page 68 of this
section.
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