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This excerpt taken from the DVN DEF 14A filed Apr 24, 2009. POTENTIAL
PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL
We will be obligated to make certain payments to our named
executive officers or potentially accelerate the vesting of
their equity awards and pension benefits upon termination of
their employment or upon a change in control pursuant to the
following plans or agreements:
The following tables provide the estimated compensation and
present value of benefits potentially payable to each named
executive officer upon a change in control of the Company or a
termination of employment of the named executive officer. The
benefit values shown do not include benefits that are broadly
available to substantially all salaried employees. The amounts
shown assume that the termination or change in control occurred
on December 31, 2008. The actual amounts to be paid can
only be determined at the time of such executive’s actual
separation from the Company.
Please see the narrative for the following tables for a
discussion of the methods of calculating the payments required
upon termination of our named executive officers in the manners
set forth in each column. The footnotes to the following tables
apply to all of our named executive officers and are presented
after the table for the last named executive officer.
41
Commitment Runs Deep
Table of Contents
This excerpt taken from the DVN DEF 14A filed Apr 28, 2008. POTENTIAL
PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL
We will be obligated to make certain payments to our named
executive officers or potentially accelerate the vesting of
their equity awards and pension benefits upon termination of
their employment or upon a change in control pursuant to the
following plans or agreements:
The following tables provide the estimated compensation and
present value of benefits potentially payable to each named
executive officer upon a change in control of the Company or a
termination of employment of the named executive officer. The
benefit values shown do not include benefits that are broadly
available to substantially all salaried employees. The amounts
shown assume that the termination or change in control occurred
on December 31, 2007. The actual amounts to be paid can
only be determined at the time of such executive’s actual
separation from the Company.
Please see the narrative following the tables below for a
discussion of the methods of calculating the payments required
upon termination of our named executive officers in the manners
set forth in each column below. The footnotes to the following
tables apply to all of our named executive officers and are
presented after the table for the last named executive officer.
40
Commitment Runs Deep
Table of Contents
This excerpt taken from the DVN DEF 14A filed Apr 27, 2007. POTENTIAL
PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL
We will be obligated to make certain payments to our named
executive officers or potentially accelerate the vesting of
their equity awards and pension benefits upon termination of
their employment or upon a change in control pursuant to the
following plans or agreements:
The following tables provide the estimated compensation and
present value of benefits potentially payable to each named
executive officer upon a change in control of the Company or a
termination of employment of the named executive officer. The
benefit values shown do not include benefits that are broadly
available to substantially all salaried employees. The amounts
shown assume that the termination or change in control occurred
on December 29, 2006 (the last business day of 2006). The
actual amounts to be paid can only be determined at the time of
such executive’s actual separation from the Company.
Please see the narrative following the tables below for a
discussion of the methods of calculating the payments required
upon termination of our named executive officers in the manners
set forth in each column below. The footnotes to the tables
below apply to all of our named executive officers that are
currently employed by us and are presented after the table for
the last named executive officer.
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