Time Warner Cable 2015 Annual Report Download - page 58

(1) Consists of the number of years of service credited to the executive officers as of December 31, 2014 for the purpose of
determining benefit service under the TWC Pension Plans.
(2) The present values of accumulated benefits for the TWC Pension Plans as of December 31, 2014 were calculated using a
4.32% discount and lump-sum rate and the RP-2000 Mortality Table with 5.5% adjustment factor, projected with
generational improvements using Scale BB (with no collar adjustment), consistent with the assumptions used in the
calculation of the Company’s benefit obligations as disclosed in Note 14 to the audited consolidated financial statements
of the Company included in the 2014 Form 10-K. The present values also assume all benefits are payable at the earliest
retirement age at which unreduced benefits are assumed to be payable (which is age 65) under the TWC Pension Plans
valued as if paid as a life annuity.
(3) Mr. Minson’s years of credited service include service to the Company prior to his rehire date in May 2013. Mr. Minson
received a distribution from the Excess Plan in April 2010 upon his termination of service to the Company. Upon the
first anniversary of his rehire date, he retroactively accrued benefit service from his rehire date.
Nonqualified Deferred Compensation
Prior to 2003, the Time Warner Entertainment Deferred Compensation Plan, an unfunded deferred
compensation plan (the “TWE Deferral Plan”), permitted certain employees of the Company and its affiliates
(including certain named executive officers) to defer receipt of all or a portion of their annual bonus until a
specified future date on which a lump-sum or installment distribution would be made based on the participant’s
election. During the deferral period, the participant selects a crediting rate or rates to be applied to the deferred
amount from certain of the third party investment vehicles then offered under the TWC Savings Plan and may
change that selection quarterly. Since March 2003, deferrals may no longer be made under the TWE Deferral
Plan but amounts previously credited under the Plan continue to track the available crediting rate elections. The
TWE Deferral Plan does not provide a guaranteed rate of return on deferred amounts.
Set forth in the table below is information about the earnings, if any, credited to the accounts maintained by
the named executive officers under the TWE Deferral Plan and any withdrawal or distributions therefrom during
2014 and the balance in the account on December 31, 2014.
NONQUALIFIED DEFERRED COMPENSATION FOR 2014
Name
Executive
Contributions
in 2014
Registrant
Contributions
in 2014
Aggregate
Earnings
in 2014(1)
Aggregate
Withdrawals/
Distributions
Aggregate
Balance at
December 31,
2014
Robert D. Marcus ...................... $ — $ — $ — $ — $ —
Dinesh C. Jain ........................ — — — — —
Arthur T. Minson, Jr. ................... — — — — —
Marc Lawrence-Apfelbaum .............. — — 425 — 55,350
Peter C. Stern ......................... — — — — —
(1) None of the amounts reported in this column is required to be reported as compensation for fiscal year 2014 in the
Summary Compensation Table.
Employment Agreements
The material terms of the compensation provided to the Company’s named executive officers during the
term of their employment pursuant to employment agreements between the Company and each executive are
described below. See “—Compensation Discussion and Analysis—2014 Base Salary and Target Incentive
Compensation Determinations” for a discussion of 2014 compensation determinations and “—Potential
Payments upon Termination of Employment” and “—Potential Payments upon a Change in Control” for a
description of the payments and benefits that would be provided to the Company’s named executive officers in
connection with a termination of their employment or a change in control of the Company.
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