Allstate 2012 Annual Report Download - page 59

Potential Payments as a Result of Termination or Change-in-Control (CIC)
The following table lists the compensation and benefits that Allstate would provide to the named executives in various
scenarios involving a termination of employment, other than compensation and benefits generally available to all salaried
employees.
Compensation Elements
Termination
Scenarios
Termination(3) Ceases None Forfeited Unvested are Forfeited Distributions Distributions None
immediately unless forfeited, vested commence per commence per
terminated expire at the earlier plan participant election
on last day of three months or
of fiscal normal expiration
year
Retirement(4) Ceases None Pro rated for Awards granted Awards granted Distributions Distributions None
Immediately the year more than more than commence per commence per
based on 12 months before, 12 months before, plan participant election
actual and pro rata and pro rata
performance portion of award portion of award
for the year granted within granted within
with any 12 months of, 12 months of,
discretionary normal retirement normal retirement
adjustments continue to vest; continue to vest;
pro rata portion pro rata portion
continue to vest continue to vest
upon early upon early
retirement. All retirement.(6)
expire at earlier of
five years or
normal
expiration.(5)
Termination due to Ceases Lump sum equal to Pro rated at Awards granted Awards granted Immediately Immediately Outplacement
Change- Immediately two times salary target prior to 2012 vest prior to 2012 vest payable upon a payable upon a CIC services provided;
in-Control(7) and annual (reduced by immediately upon a immediately upon a CIC lump sum payment
incentive at target, any actually CIC. After 2011 CIC. After 2011 equal to additional
except for CEO paid) vest upon vest upon cost of
who receives three qualifying qualifying continuation
times salary and termination after a termination after a coverage(9)
annual incentive at CIC. CIC.
target(8)
Death One month None Pro rated for Vest immediately Vest immediately Distributions Payable within None
salary paid year based and expire at commence per 90 days
upon death on actual earlier of two years plan
performance or normal
for the year expiration
with any
discretionary
adjustments
Disability Ceases None Pro rated for Vest immediately Vest Participant Distributions Supplemental Long
Immediately year based and expire at immediately(10) may request commence per Term Disability
on actual earlier of two years payment if age participant election benefits if enrolled
performance or normal 50 or older in basic long term
for the year expiration disability plan
with any
discretionary
adjustments
(1) See the Retirement Benefits section for further detail on non-qualified pension benefits and timing of payments.
(2) See the Non-Qualified Deferred Compensation section for additional information on the Deferred Compensation Plan
and distribution options available.
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Non-Qualified Health,
Severance Annual Stock Restricted Pension Deferred Welfare and
Base Salary Pay Incentive Options Stock Units Benefits(1) Compensation(2) Other Benefits
Executive Compensation Tables
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