TripAdvisor 2014 Annual Report Download - page 160

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Change in Control or (iv) a termination of employment by TripAdvisor without Cause or by him or her for Good Reason in connection
with a Change in Control.
The amounts shown in the table assume that the triggering event was effective as of December 31, 2014 and that the price of
TripAdvisor common stock on which certain of the calculations are based was the closing price of $74.66 per share on the NASDAQ
Stock Market on December 31, 2014, the last trading day in 2014. These amounts are estimates of the incremental amounts that would
be paid out to each named executive officer upon such triggering event. The actual amounts to be paid out can only be determined at
the time of the triggering event, if any.
Name and Benefit
Termination
Without Cause
Resignation
for Good Reason
Change in
Control
Termination
w/o Cause
or for Good
Reason in
connection
with Change in
Control
Stephen Kaufer
Cash Severance ....................................................... 1,200,000(1) 1,200,000 — 1,500,000
Equity Awards (vesting accelerated) ....................... 5,770,749 5,770,749 7,924,299 10,278,499
Health & Benefits .................................................... 19,249 19,249 — 28,873
Total estimated value............................................... 6,989,998 6,989,998 7,924,299 11,807,372
Julie M.B. Bradley (2)
Cash Severance ....................................................... 732,068(1) 732,068 — 732,068
Equity Awards (vesting accelerated) ....................... 2,448,778 2,448,778 4,418,992 4,824,545
Health & Benefits .................................................... 24,061 24,061 — 24,061
Total estimated value............................................... 3,204,907 3,204,907 4,418,992 5,580,674
Seth J. Kalvert
Cash Severance ....................................................... 673,750(1) 673,750 — 673,750
Equity Awards (vesting accelerated) ....................... 1,439,515 1,439,515 2,531,175 2,827,352
Health & Benefits .................................................... 24,061 24,061 — 24,061
Total estimated value............................................... 2,137,326 2,137,326 2,531,175 3,525,163
Dermot M. Halpin (3)
Cash Severance ....................................................... 373,819 — — 373,819
Equity Awards (vesting accelerated) ....................... — — — 2,159,584
Repatriation ............................................................. 138,939 — — 138,939
Health & Benefits (4) .............................................. 55,235 — — 55,235
Total estimated value............................................... 567,993 — — 2,727,577
Barrie Seidenberg
Cash Severance ....................................................... 228,125(1) 228,125 — 228,125
Equity Awards (vesting accelerated) ....................... 513,546 513,546 — 1,402,672
Health & Benefits .................................................... 9,624 9,624 — 9,624
Total estimated value............................................... 751,295 751,295 — 1,640,421
(1) Represents (i) base salary which the Company is required to pay for a certain period of time pursuant to the employment
arrangement with the executive and (ii) target bonus for 2014, the payment of which the Company must consider in good faith.
(2) Amounts shown represent the amounts payable under Ms. Bradley’s employment agreement dated March 31, 2014, the terms of
which were superseded and replaced by terms provided for in the Separation Agreement.
(3) Mr. Halpin’s compensation has been converted from GBP to USD at an exchange rate of 1.6484 USD : 1 GBP.
(4) Assumes extension of benefits or the cost of benefits for a period of nine months following termination, the provision or
payment of which is at the Company’s discretion.