Neiman Marcus 2006 Annual Report Download - page 82
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Executive Benefits and
Payments Upon Separation
Termination
due to
death
($)(1)
Termination
due to
disability
($)(2)
Termination
without cause
or for
good reason
($)(3)
Change in
Control
($)(4)
Termination
without cause
following a
change in
control
($)(5)(6)
JAMES E. SKINNER
Compensation:
Severance $ — $ — $ 1,150,000 $ — $ 1,150,000
Bonus — — 575,000 — 575,000
Stock Options — — — — 4,049,465
Benefits & Perquisites:
Retirement Plans — — 187,000 — 187,000
Outplacement Services — — 60,000 — 60,000
Deferred Compensation Plan 109,067 109,067 109,067 109,067 109,067
Cash Incentive Plan Payment — — — 962,683 —
Long-Term Disability — 240,000 — — —
Health and Welfare Benefits — — 31,793 — 31,793
Life Insurance Benefits 1,000,000 — — — —
Total James E. Skinner $ 1,109,067 $ 349,067 $ 2,112,860 $ 1,071,750 $ 6,162,325
BRENDAN L. HOFFMAN
Compensation:
Severance $ — $ — $ 1,000,000 $ — $ 1,000,000
Bonus — — 500,000 — 500,000
Stock Options — — — — 4,049,465
Benefits & Perquisites:
Retirement Plans — — 80,000 — 80,000
Outplacement Services — — 60,000 — 60,000
Deferred Compensation Plan 32,794 32,794 32,794 32,794 32,794
Cash Incentive Plan Payment — — — 962,683 —
Long-Term Disability — 240,000 — — —
Health and Welfare Benefits — — 41,636 — 41,636
Life Insurance Benefits 1,000,000 — — — —
Total Brendan L. Hoffman $ 1,032,794 $ 272,794 $ 1,714,430 $ 995,477 $ 5,763,895
JAMES J. GOLD
Compensation:
Severance $ — $ — $ 920,000 $ — $ 920,000
Bonus — — 460,000 — 460,000
Stock Options — — — — 4,049,465
Benefits & Perquisites:
Retirement Plans — — 142,000 — 142,000
Outplacement Services — — 60,000 — 60,000
Cash Incentive Plan Payment — — — 962,683 —
Long-Term Disability — 240,000 — — —
Health and Welfare Benefits — — 41,636 — 41,636
Life Insurance Benefits 1,000,000 — — — —
Total James J. Gold $ 1,000,000 $ 240,000 $ 1,623,636 $ 962,683 $ 5,673,101
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