Freddie Mac 2015 Annual Report Download - page 381

Executive Compensation 2015 Compensation Information for NEOs
Freddie Mac 2015 Form 10-K 379
(2) All Other Not For Cause Terminations refer to voluntary terminations other than for retirement and involuntary terminations
other than for cause. No amounts are displayed for Messrs. Layton and McDavid because they are retirement eligible. In
accordance with early termination provisions in the 2015 EMCP, the amounts disclosed for Deferred Salary: Fixed for all other
NEOs have been reduced by 26% to reflect a December 31, 2015 termination scenario.
(3) The amounts reported for Deferred Salary: At Risk-Conservatorship Scorecard in the Retirement and All Other Not For Cause
Terminations columns reflect the funding level determined by FHFA with respect to performance against the 2015
Conservatorship Scorecard. In cases of death or disability, the process for determining the funding level is waived if the funding
level has not been determined at the date of termination. The funding level had not been determined as of December 31st and,
as a result, no reduction has been applied to these amounts.
(4) The amounts reported for Deferred Salary: At Risk-Corporate Scorecard/Individual in the Retirement and All Other Not For
Cause Terminations columns reflect the assessment of 2015 performance approved by the Compensation Committee and
FHFA. For death or disability, the provisions are the same as for the amounts reported for Deferred Salary: At Risk-
Conservatorship Scorecard.
(5) Interest on Deferred Salary is accrued and paid in accordance with the terms of the 2015 EMCP. The amount of interest in the
Death column assumes that payment occurs on the 90th day following the date of death, which is assumed to be December
31, 2015.