Cincinnati Bell 2009 Annual Report Download - page 64

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and its subsidiaries or a fixed date that occurs at least six years after the start of the first calendar year in which
he or she participates in the plan. In addition, as a special rule, in the event of a change in control of the
Company, all of the amounts then credited under the plan to a participant’s account under the plan are generally
paid in a lump sum on the day after the change in control.
The Executive Deferred Compensation Plan must comply with the requirements of the American Jobs
Creation Act of 2004 in order to retain its ability to defer federal income tax on certain amounts credited to a
participant’s account under the plan. The Company has amended the plan to meet the requirements of the
American Jobs Creation Act of 2004 and will make further amendments as necessary to comply with the
regulations adopted by the IRS to implement the Act and the regulations adopted by the IRS.
In 2009, the deferral of performance awards by Mr. Wilson under the Executive Deferred Compensation
Plan for 2008 performance is reflected in the Nonqualified Deferred Compensation for 2009 Fiscal Year table on
page 49. None of the other Named Executive Officers participated in the Executive Deferred Compensation Plan
during 2009.
50