Priceline 2010 Annual Report Download - page 54

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52
Kees Koolen
Executive Benefits
and Payments
Upon Separation
or Change of
Control(1)
Termination
without
“Cause”
(non-Change
of Control)
($)
Termination
for “Good
Reason”
(non-Change
of Control)
($)
Termination
without
“Cause”
(Change of
Control)
($)
No
Termination
(Change of
Control)
($)
Death
or
Disability
($)
Severance:
Base Salary and
Target Bonus
1,392,049
1,392,049
1,392,049
0
0
Pro Rated Bonus 348,012 348,012 348,012 0 348,012
Equity and
Benefits:
Performance
Share Units
37,764,931
0
37,764,931
40,986,902
37,764,931
Restricted Stock/
Restricted Stock
Units
14,824,393
0
20,751,828
6,641,919
14,824,393
Stock Options 0 0 0 0 0
Health & Welfare 0 0 0 0 0
Tax Gross-Up 0 0 0 0 0
Total: 54,329,385 1,740,062 60,256,820 47,628,821 52,937,336
(1) Mr. Koolen’s compensation is translated into U.S. Dollars using the exchange rates in effect on
December 31, 2010, which was 1.3385 U.S. Dollars to Euros.
Peter J. Millones
Executive Benefits
and Payments
Upon Separation
or Change of
Control
Termination
without
“Cause”
(non-Change
of Control)
($)
Termination
for “Good
Reason”
(non-Change
of Control)
($)
Termination
without
“Cause” or
for “Good
Reason”
(Change of
Control)
($)
No
Termination
(Change of
Control)
($)
Death
or
Disability
($)
Severance:
Base Salary and
Target Bonus
1,320,000
1,320,000
1,320,000
0
0
Pro Rated Bonus 330,000 330,000 330,000 0 330,000
Equity and
Benefits:
Performance
Share Units
5,429,352
5,429,352
5,429,352
6,784,892
5,429,352
Restricted Stock/
Restricted Stock
Units
2,114,885
0
3,625,517
2,719,138
2,114,885
Stock Options 0 0 0 0 0
Health &
Welfare(1)
18,509
18,509
37,018
0
18,509
Tax Gross-Up 0 0 0 0 0
Total: 9,212,746 7,097,861 10,741,887 9,504,029 7,892,746
(1) Benefit amounts are based on 2010 annual premiums paid by the Company for (a) medical, dental and
vision coverage, (b) term life insurance and (c) long-term disability insurance.
Note to the Potential Payments Upon a Change of Control and/or Termination Tables Above. Under applicable
SEC rules, the Company is required to estimate the potential payments to each of the named executive officers