Ingram Micro 2007 Annual Report Download - page 52

the definition of retirement for long-term equity grants prior to January 1, 2007. For all equity awards granted on or
after January 1, 2007, the unvested stock options would continue to vest and he would have five years from the date
of his retirement to exercise vested stock options unless the options expire first. The performance shares under the
2007 EIP Program would continue to vest and he would earn the full award payout assuming a target award. In
addition, Mr. Maquet and his family would be entitled to repatriation to France to include airfare, air shipment of
personal affects, shipment of household goods, temporary living and storage of household goods.
If he were to be involuntarily terminated, other than for cause, Mr. Maquet would be due payments for those
awards earned and payable to him as specified under voluntary termination. In addition, he would be eligible for
31 months of base pay plus target and annual bonus provided in accordance with the terms of his reassignment from
France to the United States to serve as Senior Vice President and President, Ingram Micro Latin America. Under the
terms of the Executive Severance Policy, Mr. Maquet would also be eligible to receive outplacement services for up
to one year (not to exceed $20,000). Assuming participation through December 31, 2007 and target awards under
the 2006 EIP Program and 2007 EIP Program, Mr. Maquet would also so be eligible for 2/3 and 1/3 award payouts,
respectively, under involuntary termination not for cause. Mr. Maquet and his family would be entitled to
repatriation to France to include airfare, air shipment of personal affects, shipment of household goods, temporary
living and storage of household goods in accordance with agreed upon terms of his assignment to the United States.
Upon death or disability, Mr. Maquet would be due payments for those awards earned and payable to him as
specified under voluntary termination. He would be eligible for 6 months of base pay in lieu of 6 months of notice to
terminate employment plus 31 months of base plus target annual bonus in accordance with the terms of his
reassignment from France to the United States. In addition, Mr. Maquet would be eligible for full award payout
under the 2006 EIP Program and the 2007 EIP Program assuming participation through December 31, 2007 and
target award under each program. Assuming Mr. Maquet’s date of termination is December 31, 2007, Mr. Maquet
would be eligible to exercise any vested stock options (estimated value of $501,548) for either 60 or 90 days in
accordance with the applicable stock option agreement. Upon death, all of Mr. Maquet’s unvested stock options
(estimated value of $26,468) would immediately vest and the estate would have five years to exercise unless the
options expire first. Upon disability any unvested stock options granted on or after January 1, 2006 would
immediately vest and Mr. Maquet would have five years from his date of disability to exercise. In addition, unvested
stock options granted prior to January 1, 2006 would continue to vest in accordance with their original vesting
schedule and Mr. Maquet would have one year to exercise from the last vesting date unless the options expire first.
Mr. Maquet retains his life and disability insurance from France. In the event of death or permanent disability, his
estate in the case of death or Mr. Maquet in the case of permanent disability would receive A1,331,040
(approximately $1,826,054 based on exchange rate of A1.00 = US$1.3719) under his French life and disability
insurance. Mr. Maquet and his family would be entitled to repatriation to France to include airfare, air shipment of
personal affects, shipment of household goods, temporary living and storage of household goods.
EQUITY COMPENSATION PLAN INFORMATION
The following table provides information with respect to equity compensation plans under which our equity
securities are authorized for issuance, aggregated as all compensation plans previously approved by our share-
holders and all compensation plans not previously approved by our shareholders, as of December 29, 2007.
Plan Category
(a) Number of securities to be
issued upon exercise of
outstanding options,
warrants and rights(1)
(b) Weighted-average
exercise price of
outstanding options,
warrants and rights(1)
(c) Number of securities
remaining available for
future issuance under
equity compensation plans
(excluding securities
reflected in column (a)(2))
Equity compensation plans
approved by shareholders ..... 18,865,912 $15.5921 15,491,023
Equity compensation plans not
approved by shareholders ..... None None None
TOTAL .................... 18,865,912 NA 15,491,023
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