iRobot 2010 Annual Report Download - page 34

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Assuming the employment of our named executive officers was terminated involuntarily and without
cause, or such officers resigned with good reason, during the one-year period following a change in control on
January 1, 2011, our named executive officers would be entitled to cash payments in the amounts set forth
opposite their names in the below table, subject to any deferrals required under Section 409A of the Internal
Revenue Code of 1986, as amended, and acceleration of vesting as set forth in the below table. The total
amount payable to each executive officer is subject to reduction in certain circumstances if the amount would
cause the executive officer to incur an excise tax under Section 4999 of the Internal Revenue Code of 1986, as
amended. The following table provides the market value (that is, the value based upon our stock price on
January 1, 2011, minus the exercise price) of stock options that would become exercisable or vested as a result
of these acceleration events as of January 1, 2011.
Name
Base
Salary
($)
Bonus
($)
Continuation of
Health Plan Premium
Payments
($)
Accrued
Vacation
Pay
($)
Market
Value of
Stock
Options
($)
Market
Value of
Restricted
Stock and
Restricted
Stock Units
($)
Total
($)
Colin M. Angle . . . ...... 950,000 807,500 39,898 — 1,978,044 1,649,818 5,425,260
John J. Leahy........... 724,525 470,941 40,503 94 1,445,318 1,193,917 3,875,298
Joseph W. Dyer . . . ...... 724,000 470,600 1,100 27,846 895,329 829,773 2,948,648
Jeffrey A. Beck . . . ...... 664,625 432,006 38,914 — 1,636,490 794,916 3,566,951
Russell J. Campanello .... 600,000 300,000 40,503 2,999 35,000 870,800 1,849,302
Director Compensation
In connection with our efforts to attract and retain highly-qualified individuals to serve on our board of
directors, we maintain a cash and equity compensation policy for our non-employee members of our board of
directors. In 2010, each of our non-employee members of our board of directors was entitled to the following
cash compensation:
Annual retainer for Board membership ....................................... $30,000
Audit Committee
Annual retainer for committee membership . . . ............................... $10,000
Additional retainer for committee chair ..................................... $10,000
Compensation Committee
Annual retainer for committee membership . . . ............................... $ 7,500
Additional retainer for committee chair ..................................... $ 7,500
Nominating and Corporate Governance Committee
Annual retainer for committee membership . . . ............................... $ 5,000
Additional retainer for committee chair ..................................... $ 5,000
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