Autodesk 2010 Annual Report Download - page 64

(2) EIP: For Mr. Bass, amounts reflect the sum of the fiscal 2010 bonus already earned under the EIP. For
Mr. Hawkins, Mr. Bado, Mr. Bhatt and Mr. Kross, amounts in the Voluntary Termination, Involuntary Not
for Cause or Voluntary for Good Reason (Except in Change in Control) Termination, For Cause
Termination, Disability and Death columns reflect the fiscal 2010 bonus already earned under the EIP. For
Mr. Bado, Mr. Bhatt and Mr. Kross the amounts in the Involuntary Not for Cause or Voluntary for Good
Reason (Change in Control) Termination column are the sum of the fiscal 2010 bonus already earned under
the EIP and a severance bonus equal to the average of the last three years’ bonuses under the Executive
Change in Control Program. For Mr. Hawkins the amount in the Involuntary Not for Cause or Voluntary for
Good Reason (Change in Control) Termination column is the sum of the fiscal 2010 bonus already earned
under the EIP and a severance bonus equal to the fiscal 2010 target bonus under the EIP as Mr. Hawkins did
not participate in the EIP prior to fiscal 2010. These amounts are based on the cash value of the EIP,
regardless of the executive officers’ election to defer part of their bonus as restricted stock units under the
Equity Incentive Deferral Plan.
(3) Stock Options: For Mr. Hawkins, Mr. Bado, Mr. Bhatt and Mr. Kross amounts shown in the Involuntary Not
for Cause or Voluntary For Good Reason (Change in Control) Termination columns reflect the value of
their outstanding stock options that would normally have vested in the twelve months following their
separation but are accelerated (i.e., vest immediately on the date of separation) in accordance with the
Executive Change in Control Program agreement. For purposes of this table the value of the outstanding
stock options that vest is determined based upon the pro rata grant date fair value of these options. For
Mr. Bass, in accordance with his employment agreement, the amount shown in the Involuntary Not for
Cause or Voluntary for Good Reason (Except Change in Control) Termination column reflects the value
realized upon immediate vesting of his stock awards normally vesting in the twelve months following his
separation, and the amounts in the Involuntary Not for Cause or Voluntary for Good Reason (Change in
Control) Termination column reflects the value realized upon immediate vesting of his stock awards
normally vesting in the twenty-four months following his separation.
(4) Health Insurance: For Mr. Bass, in accordance with his employment agreement, these amounts represent the
cost of continuing coverage for Mr. Bass and his dependents for twelve months. For Mr. Hawkins,
Mr. Bado, Mr. Bhatt and Mr. Kross these amounts represent the cost of continuing coverage for medical and
dental benefits for each executive and their dependents for twelve months in accordance with the Executive
Change in Control Program.
(5) Disability Income: Reflects the estimated present value of all future payments to each executive under their
elected disability program, which represent 100 percent of base salary for the first 90 days, and then 66-
2
⁄ 3
percent of salary thereafter, with a maximum of $20,000 per month, until the age of 65. These payments
would be made by the insurance provider, not by Autodesk.
(6) Accidental Death or Dismemberment: Reflects the lump-sum amount payable to each executive or his or her
beneficiaries by Autodesk’s insurance provider in the event of each executive’s accidental death. There is
also a prorated lump sum payment for dismemberment. The amount shown as payable upon dismemberment
is based upon the payout for the most severe dismemberment under the plan.
(7) Life Insurance: Reflects the lump-sum amount payable to beneficiaries by Autodesk’s insurance provider in
the event of each executive’s death.
(8) Accrued Vacation Pay: Reflects the lump-sum amount payable to each executive for accrued but unused
vacation time. Mr. Hawkins and Mr. Bado had no vacation balances at January 31, 2010 due to company
shut down periods; therefore they would not receive any accrued vacation pay upon termination.
(9) Sales Commissions and Bonus: Reflects amounts earned in the fourth quarter of fiscal 2010 by Mr. Bado,
which were paid in the first quarter of fiscal 2011.
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