Neiman Marcus 2009 Annual Report Download - page 80

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 142,950 142,950 142,950 142,950
Deferred Compensation Plan 340,809 340,809 340,809 340,809
Cash Incentive Plan Payment — — — 1,190,737
Long-Term Disability — 240,000 — —
Health and Welfare Benefits — — 29,332 —
Life Insurance Benefits — — — —
Total James E. Skinner $ 483,759 $ 723,759 $ 1,456,291 $ 1,674,496
JAMES J. GOLD
Compensation:
Severance $ — $ — $ 748,800 $ —
Benefits & Perquisites:
Retirement Plans 205,781 205,781 205,751 205,781
Cash Incentive Plan Payment — — — 1,190,737
Long-Term Disability — 240,000 — —
Health and Welfare Benefits — — 38,463 —
Life Insurance Benefits — — — —
Total James J. Gold $ 205,781 $ 445,781 $ 993,014 $ 1,396,518
GERALD A. BARNES
Compensation:
Severance $ — $ — $ 637,500 $ —
Benefits & Perquisites:
Retirement Plans — — — —
Deferred Compensation Plan 37,128 37,128 37,128 37,128
Cash Incentive Plan Payment — — — 238,154
Long-Term Disability — 240,000 — —
Health and Welfare Benefits — — 38,463 —
Life Insurance Benefits — — — —
Total Gerald A. Barnes $ 37,128 $ 277,128 $ 713,091 $ 275,282
Footnotes:
(1) Represents a lump sum payout under the deferred compensation plans. See "Nonqualified Deferred Compensation"
beginning on page 68 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" beginning on page 69 of this section.
(4) Represents a lump sum payment payable under the Cash Incentive Plan more fully described on page 73 of this section.
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