CenturyLink 2015 Annual Report Download - page 82

Potential Termination Payments
Type of Termination of Employment(1)
Name
Type of
Termination
Payment(2)
Involuntary
Termination
Without
Cause(3) Retirement(4) Disability Death
Termination
Upon a
Change of
Control(5)
Glen F. Post, III ....... Annual Bonus $1,697,500 $ 1,697,500 $ 1,697,500 $ 1,697,500 $ 1,697,500
Equity Awards(6) — 8,605,223 14,125,327 14,125,327 14,125,327
Pension and Welfare(7) 76,300 — — — 110,700
Cash Severance(8) 6,875,000 — — — 10,312,500
$8,648,800 $10,302,723 $15,822,827 $15,822,827 $26,246,027
R. Stewart Ewing, Jr. . . Annual Bonus $ 566,480 $ 566,480 $ 566,480 $ 566,480 $ 566,480
Equity Awards(6) — 1,873,791 2,886,884 2,886,884 2,886,884
Pension and Welfare(7) 23,300 — — — 39,100
Cash Severance(8) 1,399,125 — — — 2,798,250
$1,988,905 $ 2,440,271 $ 3,453,364 $ 3,453,364 $ 6,290,714
Stacey W. Goff ....... Annual Bonus $ 459,417 $ — $ 459,417 $ 459,417 $ 459,417
Equity Awards(6) — — 2,304,832 2,304,832 2,304,832
Pension and Welfare(7) 29,000 — — — 50,500
Cash Severance(8) 1,135,575 — — — 2,271,150
$1,623,992 $ — $ 2,764,249 $ 2,764,249 $ 5,085,899
Aamir Hussain ........ Annual Bonus $ 368,607 $ — $ 368,607 $ 368,607 $ 368,607
Equity Awards(6) — — 1,967,009 1,967,009 1,967,009
Pension and Welfare(7) 29,700 — — — 51,900
Cash Severance(8) 950,000 — — — 1,900,000
$1,348,307 $ — $ 2,335,616 $ 2,335,616 $ 4,287,516
David D. Cole ........ Annual Bonus $ 337,312 $ 337,312 $ 337,312 $ 337,312 $ 337,312
Equity Awards(6) — 1,369,283 2,109,616 2,109,616 2,109,616
Pension and Welfare(7) 30,200 — — — 52,900
Cash Severance(8) 920,550 — — — 1,841,100
$1,288,062 $ — $ 2,446,928 $ 2,446,928 $ 4,340,928
(1) All data in the table reflects our estimates of the value of payments and benefits assuming the named officer was
terminated on December 31, 2015. The closing price of the Common Shares on such date was $25.16. The table
reflects only estimates of amounts earned or payable through or at such date based on various assumptions.
Actual amounts can be determined only at the time of termination. If a named officer voluntarily resigns or is
terminated with cause, he or she will not be entitled to any special or accelerated benefits, but will be entitled to
receive various payments or benefits that vested before the termination date. The table reflects potential payments
based upon a physical disability; additional benefits may be payable in the event of a mental disability.
(2) As further described above, upon termination of employment, the named officers may become entitled to
receive certain special, accelerated or enhanced benefits, including, subject to certain exceptions, the right to
receive payment of their annual cash incentive bonus, an acceleration under certain circumstances of the
vesting of their outstanding equity awards, current or enhanced pension and welfare benefits, or cash
severance payments. The table excludes (i) payments or benefits made under broad-based plans or
arrangements generally available to all salaried full-time employees and (ii) benefits, awards or amounts
that the officer was entitled to receive prior to termination of employment.
(3) The amounts listed in this column reflect payments to which the named officer would be entitled to under our
executive severance plan if involuntarily terminated by us without cause prior to a change of control. The
amounts listed in this column would not be payable if the officer voluntarily resigns or is terminated for cause.
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