Big Lots 2009 Annual Report Download - page 60
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Steven S. Fishman
The following table reflects the payments that would have been due to Mr. Fishman in the event of a change in
control or the termination of his employment on January 30, 2010.
Event Occurring at January 30, 2010
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 2,400,000 — — — 2,400,000 —
Non-Equity Incentive Plan
Compensation ($) — 2,400,000 — 2,400,000 2,400,000 4,800,000 —
Healthcare Coverage ($) — 64,545 — — — 64,545 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Use of Automobile/Automobile
Allowance ($) — 42,018 — — — — —
Accelerated Equity Awards ($) — — — 4,547,730 4,547,730 16,586,475 16,586,475
Excise Tax Benefit ($) — — — — — 0 0
Total ($) — 4,906,563 — 6,972,730 6,947,730 23,851,020 16,586,475
Joe R. Cooper
The following table reflects the payments that would have been due to Mr. Cooper in the event of a change in
control or the termination of his employment with us on January 30, 2010.
Event Occurring at January 30, 2010
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 440,000 — — — 880,000 —
Non-Equity Incentive Plan
Compensation ($) — 528,000 — 528,000 528,000 1,056,000 —
Healthcare Coverage ($) — 104,512 — — — 104,512 —
Long-Term Disability Benefit ($) — — — 24,567 — — —
Use of Automobile/Automobile
Allowance ($) — 13,200 — — — — —
Accelerated Equity Awards ($) — — — 625,658 625,658 1,993,363 1,993,363
Excise Tax Benefit ($) — — — — — 0 0
Total ($) — 1,085,712 — 1,178,225 1,153,658 4,033,875 1,993,363