Cincinnati Bell 2006 Annual Report Download - page 72

Potential Payments upon Termination of Employment or a Change-in-Control
The following table shows potential payments to our Named Executive Officers directly and indirectly on
their behalf under existing contracts, agreements, plans or arrangements, whether written or unwritten, for
various scenarios involving a change-in-control or termination of employment, assuming a December 31, 2006
termination date, and where applicable, using the closing price of our common shares of $4.57 (as reported on the
NYSE as of December 29, 2006).
Name
Executive Payment on
Termination
Voluntary
Termination
($)
Involuntary Not
for Cause
Termination
($)
Involuntary for
Cause
Termination
($)
Change in
Control
($)
Death
($)
Disability
($)
John F. Cassidy ...... Base Salary — 1,290,000 — 1,928,550 — —
Annual Incentive Target
Opportunity — 1,548,000 — 2,314,260 774,000 774,000
Long Term Incentives —
Options — 91,800 — 91,800 91,800 91,800
Long Term Incentives —
Performance Restricted
Shares — 2,660,215 — 2,660,215 2,660,215 2,660,215
Basic Benefits — 24,574 — 24,574 — 92,310
Retiree Benefits — 369,170 — 7,449,677 — 6,172,468
Other Contractual Payments — — — — — —
Excise — Tax Gross-up (b)(c) — — — 6,952,300 — —
TOTAL — 5,983,759 — 21,421,376 3,526,015 9,790,793
Brian A. Ross ........ Base Salary — 350,000 — 700,000 — —
Annual Incentive Target
Opportunity — 297,500 — 595,000 297,500 297,500
Long Term Incentives —
Options — — — — — —
Long Term Incentives —
Performance Restricted
Shares — 361,190 — 432,596 432,596 432,596
Basic Benefits — 11,614 — 11,614 — 107,780
Retiree Benefits — 78,515 — 78,515 — 145,137
Other Contractual Payments — — — — — —
Excise — Tax Gross-up (b)(c) — — — 782,388 — —
TOTAL — 1,098,819 — 2,600,113 730,096 983,013
Rodney D. Dir ....... Base Salary — 300,000 — 600,000 — —
Annual Incentive Target
Opportunity — 255,000 — 510,000 255,000 255,000
Long Term Incentives —
Options — — — — — —
Long Term Incentives —
Performance Restricted
Shares — 381,961 — 439,596 439,086 439,086
Basic Benefits — 11,434 — 11,434 — 154,258
Retiree Benefits — 66,026 — 66,026 — —
Other Contractual Payments — — — — — —
Excise — Tax Gross-up (b)(c) — — — 713,573 — —
TOTAL — 1,014,421 — 2,340,629 694,086 $ 848,344
Michael W. Callaghan
(a) ............... Base Salary n/a — n/a n/a n/a n/a
Annual Incentive Target
Opportunity n/a — n/a n/a n/a n/a
Long Term Incentives —
Options n/a — n/a n/a n/a n/a
Long Term Incentives —
Performance Restricted
Shares n/a — n/a n/a n/a n/a
Basic Benefits n/a — n/a n/a n/a n/a
Retiree Benefits n/a — n/a n/a n/a n/a
Other Contractual Payments (a) n/a 819,682 n/a n/a n/a n/a
Excise — Tax Gross-up (b)(c) n/a — n/a n/a n/a n/a
TOTAL n/a 819,682 n/a n/a n/a n/a
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