American Home Shield 2010 Annual Report Download - page 132
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Please find page 132 of the 2010 American Home Shield annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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Table of Contents
options for up to 12 months following termination for death, disability, or retirement, and for 90 days following termination for all other reasons (except for
termination for cause).
Mr. Mullany's employment agreement is for a term of three years, commencing on February 22, 2011, subject to automatic one-year renewals thereafter,
absent termination notice by either party. A failure by Holdings to renew the agreement will constitute a termination of Mr. Mullany's employment without
cause for purposes of his severance benefits.
REPORT OF THE BOARD OF DIRECTORS
The Company's Board of Directors has reviewed the Compensation Discussion and Analysis and discussed it with management and, based on such
review and discussions, has determined that the Compensation Discussion and Analysis should be included in this Annual Report on Form 10-K.
Kenneth A. Giuriceo
David H. Wasserman
128