American Home Shield 2010 Annual Report Download - page 145

Table of Contents
Board Interlocks and Insider Participation
No member of the Company's Board was at any time during 2010 an officer or employee of ServiceMaster or any of our subsidiaries nor is any such
person a former officer of ServiceMaster or any of our subsidiaries. The CEO recommends to the Board the compensation for the Company's other executive
officers based on his assessment of each executive officer's individual responsibility, individual and business unit performance, overall contribution, the
competitive market data provided by Aon Hewitt (as presented to the Board by our Senior Vice President of Human Resources) and prevailing economic
conditions. Our directors are principals of CD&R. See Item 13 of this Annual Report on Form 10-K below for a discussion of agreements between
ServiceMaster and the Equity Sponsors and their affiliates.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER
MATTERS
Security Ownership of Certain Beneficial Owners and Management
CDRSVM Holding, Inc., whose address is 860 Ridge Lake Boulevard, Memphis, Tennessee 38120, owns all of the outstanding common stock of
ServiceMaster. CDRSVM Investment Holding, Inc. owns all of the outstanding common stock of CDRSVM Holding, Inc. Investment funds associated with
or designated by the Equity Sponsors, together with certain of our executives and other key employees, own all of the common stock of Holdings.
The following table sets forth information as of March 28, 2011 with respect to the ownership of the common stock of Holdings by:
each person known to own beneficially more than five percent of the common stock of Holdings;
each of our directors;
each of the executive officers named in the Summary Compensation Table appearing under Item 11 of this Annual Report on Form 10-K; and
all of our executive officers and directors as a group.
The amounts and percentages of shares beneficially owned are reported on the basis of regulations of the SEC governing the determination of beneficial
ownership of securities. Under SEC rules, a person is deemed to be a "beneficial owner" of a security if that person has or shares voting power or investment
power, which includes the power to dispose of or to direct the disposition of such security. A person is also deemed to be a beneficial owner of any securities
of which that person has a right to acquire beneficial ownership within 60 days. Securities that can be so acquired are deemed to be outstanding for purposes
of computing such person's ownership percentage, but not for purposes of computing any other person's percentage. Under these rules, more than one person
may be deemed to be a beneficial owner of the same securities and a person may be deemed to be a beneficial owner of securities as to which such person has
no economic interest.
Except as otherwise indicated in these footnotes, each of the beneficial owners listed has, to our knowledge, sole voting and investment power with
respect to the indicated shares of common
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