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BBBY » Topics » Potential Payments Upon Termination or Change in Control

This excerpt taken from the BBBY DEF 14A filed Jun 1, 2009.

Potential Payments Upon Termination or Change in Control

 

The named executive officers’ employment agreements and certain of the plans in which the executives participate require the Company to pay compensation to the executives if their employment terminates.  The estimated amount of compensation payable to the named executive officers in each termination situation is listed in the table below.  The table is presented using an assumed termination date and an assumed change in control date of February 28, 2009, the last day of the Company’s 2008 fiscal year and a price per share of common stock of $21.30 (the “Per Share Closing Price”), the closing per share price as of February 27, 2009, the last business day of the Company’s 2008 fiscal year.  Descriptions of the agreements under which such payments would be made follow:

 

This excerpt taken from the BBBY DEF 14A filed Jun 4, 2008.

Potential Payments Upon Termination or Change in Control

 

The named executive officers’ employment agreements and certain of the plans in which the executives

 

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participate require the Company to pay compensation to the executives if their employment terminates.  The estimated amount of compensation payable to the named executive officers in each termination situation is listed in the table below.  The table is presented using an assumed termination date of February 29, 2008, the last business day of the Company’s 2007 fiscal year, an assumed change in control date of February 29, 2008 and a price per share of Common Stock of $28.34 (the closing price as of February 29, 2008).  Descriptions of the agreements under which such payments would be made follow:

 

EXCERPTS ON THIS PAGE:

DEF 14A
Jun 1, 2009
DEF 14A
Jun 4, 2008

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