iRobot 2009 Annual Report Download - page 29

Proxy Statement
Cash Payments and/or Acceleration of Vesting Following Certain Termination Events
Assuming the employment of our named executive officers was terminated involuntarily and without
cause (not in connection with a change in control) on January 2, 2010, our named executive officers would be
entitled to cash payments in the amounts set forth opposite their names in the below tables, subject to any
deferrals required under Section 409A of the Internal Revenue Code of 1986, as amended.
Name
Base
Salary
($)
Continuation of
Health Plan Premium
Payments
($)
Accrued
Vacation Pay
($)
Total
($)
Colin M. Angle .................... 189,384 9,633 8,395 207,412
John J. Leahy ..................... 175,006 9,633 1,417 186,056
Jeffrey A. Beck .................... 162,500 8,922 0 171,422
Joseph W. Dyer .................... 162,500 275 25,000 187,775
Glen D. Weinstein .................. 142,437 8,922 19,928 171,287
Assuming the employment of our named executive officers was terminated involuntarily and without
cause, or such officers resigned with good reason, during the one-year period following a change in control on
January 2, 2010, our named executive officers would be entitled to cash payments in the amounts set forth
opposite their names in the below table, subject to any deferrals required under Section 409A of the Internal
Revenue Code of 1986, as amended, and acceleration of vesting as set forth in the below table. The total
amount payable to each executive officer is subject to reduction in certain circumstances if the amount would
cause the executive officer to incur an excise tax under Section 4999 of the Internal Revenue Code of 1986, as
amended. The following table provides the market value (that is, the value based upon our stock price on
January 2, 2010, minus the exercise price) of stock options that would become exercisable or vested as a result
of these acceleration events as of January 2, 2010.
Name
Base
Salary
($)
Bonus
($)
Continuation of
Health Plan Premium
Payments
($)
Accrued
Vacation
Pay
($)
Market
Value of
Stock
Options
($)
Market
Value of
Restricted
Stock
($)
Total
($)
Colin M. Angle.... 757,538 643,907 38,532 8,395 745,910 885,790 3,080,072
John J. Leahy ..... 700,024 455,016 38,532 1,417 597,854 924,299 2,717,142
Jeffrey A. Beck .... 650,000 422,500 35,688 — 1,170,000 616,000 2,894,188
Joseph W. Dyer.... 650,000 422,500 1,100 25,000 320,634 446,477 1,865,711
Glen D. Weinstein. . 569,750 284,875 35,688 19,928 414,621 349,395 1,674,257
Director Compensation
In connection with our efforts to attract and retain highly-qualified individuals to serve on our board of
directors, we maintain a cash and equity compensation policy for our non-employee members of our board of
directors. In 2009, each of our non-employee members of our board of directors was entitled to the following
cash compensation:
Annual retainer for Board membership ....................................... $30,000
Audit Committee
Annual retainer for committee membership . . . ............................... $10,000
Additional retainer for committee chair ..................................... $10,000
Compensation Committee
Annual retainer for committee membership . . . ............................... $ 7,500
Additional retainer for committee chair ..................................... $ 7,500
Nominating and Corporate Governance Committee
Annual retainer for committee membership . . . ............................... $ 5,000
Additional retainer for committee chair ..................................... $ 5,000
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