iRobot 2013 Annual Report Download - page 36
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30
(8) Pursuant to the terms of a Separation Agreement between the Company and Mr. Beck, dated November 25, 2013 (the
“Separation Agreement”), the Company accelerated the vesting of 9,219 shares of common stock underlying Mr. Beck’s stock
options and 21,207 restricted stock units held by Mr. Beck.
(9) Includes cash severance payments of $215,000, health, dental and vision insurance contribution benefits of $9,816, vacation
payout of $6,049, 401(k) matching contribution of $7,650 and a cash payment of $506,325, which is equal to the amount that
Mr. Beck would have received under the Company’s Senior Executive Incentive Compensation Plan if he had remained
employed by the Company through the date on which amounts were paid to the executive officers under such plan, pursuant to
the Separation Agreement.