DVN » Topics » J. Larry Nichols

This excerpt taken from the DVN DEF 14A filed Apr 27, 2007.
J. Larry Nichols
 
                                                 
    Retirement/
                  Death
    Voluntary
  Termination
  Termination
  Change in
      (payable to
    Termination
  without Cause
  with Cause
  Control
  Disability
  spouse)
Benefits and Payments   ($)   ($)   ($)   ($)   ($)   ($)
 
Base Salary/Bonus(1)
          11,400,000             11,400,000              
SRIP(2)(3)
    17,892,000       17,892,000             25,624,000 (4)     17,892,000       9,061,000 (5)
BRP(2)(3)
                  17,892,000                    
Accelerated Vesting of Stock Options(6)
          2,728,000             2,728,000             2,728,000  
Accelerated Vesting of
Restricted Stock(7)
          9,478,000             9,478,000             9,478,000  
Health Care Benefits(8)
          48,000             48,000              
Post-Retirement Health Care(9)
                                   
Outplacement Services(10)
          30,000             30,000              
280G Tax Gross-Up
                      10,445,000              
Total(11)
    17,892,000       41,576,000       17,892,000       59,753,000       17,892,000       21,267,000  


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