Big Lots 2010 Annual Report Download - page 61
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Lisa M. Bachmann
The following table reflects the payments that would have been due to Ms. Bachmann in the event of a change in
control or the termination of her employment with us on January 29, 2011.
Event Occurring at January 29, 2011
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 ($) — 500,000 — — — 1,000,000 —
Non-Equity Incentive Plan
Compensation ($) — 494,610 — 494,610 494,610 1,200,000 —
Healthcare Coverage ($) — 111,404 — — — 111,404 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Use of Automobile/Automobile
Allowance ($) — 13,200 — — — — —
Accelerated Equity Awards ($) — — — 524,679 524,679 1,611,423 1,611,423
Excise Tax Benefit ($) — — — — — 0 0
Total ($) — 1,119,214 — 1,044,289 1,019,289 3,922,827 1,611,423
John C. Martin
The following table reflects the payments that would have been due to Mr. Martin in the event of a change in
control or the termination of his employment with us on January 29, 2011.
Event Occurring at January 29, 2011
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 ($) — 550,000 — — — 1,100,000 —
Non-Equity Incentive Plan
Compensation ($) — 544,071 — 544,071 544,071 1,320,000 —
Healthcare Coverage ($) — 68,789 — — — 68,789 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Use of Automobile/Automobile
Allowance ($) — 13,200 — — — — —
Accelerated Equity Awards ($) — — — 403,594 403,594 1,105,819 1,105,819
Excise Tax Benefit ($) — — — — — 0 0
Total ($) — 1,176,060 — 972,665 947,665 3,594,608 1,105,819