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DVN » Topics » Danny J. Heatly

This excerpt taken from the DVN DEF 14A filed Apr 27, 2007.
Danny J. Heatly
 
                                                 
    Retirement/
 		                  Death
    Voluntary
 		  Termination
 		  Termination
 		  Change in
 		      (payable to
    Termination
 		  without Cause
 		  with Cause
 		  Control
 		  Disability
 		  spouse)
Benefits and Payments   ($)   ($)   ($)   ($)   ($)   ($)
 
Base Salary/Bonus(1)
    —       1,060,000       —       1,060,000       —       —  
SRIP(2)(3)
    576,000       850,000       —       2,131,000 (4)     1,139,000       414,000 (5)
BRP(2)(3)
    —       —       393,000               —          
Accelerated Vesting of Stock Options(6)
    —       594,000       —       594,000       —       594,000  
Accelerated Vesting of
Restricted Stock(7)
    —       1,337,000       —       1,337,000       —       1,337,000  
Health Care Benefits(8)
    —       —       —       31,000       —       —  
Post-Retirement Health Care(9)
    —       —       —       —       —       —  
Outplacement Services(10)
    —       30,000       —       30,000       —       —  
280G Tax Gross-Up
    —       —       —       1,130,000       —       —  
Total(11)
    576,000       3,871,000       393,000       6,313,000       1,139,000       2,345,000  


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