NDAQ » Topics » Robert Greifeld

This excerpt taken from the NDAQ DEF 14A filed Apr 3, 2009.

Robert Greifeld

Under Mr. Greifeld’s 2007 employment agreement, if his employment is terminated by the company without cause, or by Mr. Greifeld for good reason, he will be entitled to the following severance payments and benefits from the company:

 

   

a cash payment equal to one year’s annual base salary and annual incentive award;

 

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Pension Plan and SERP benefits; and

 

   

continued health coverage for the lesser of 24 months or until coverage begins under the health plan of a subsequent employer.

In addition, Mr. Greifeld’s vested stock options would remain exercisable for 36 months, his unvested options would continue to vest for 30 months subject to restrictive covenants and any performance share units would continue to vest subject to the satisfaction of the related performance objectives and continued compliance with the restrictive covenants.

This excerpt taken from the NDAQ DEF 14A filed Apr 17, 2008.

Robert Greifeld

Under Mr. Greifeld’s amended and restated employment agreement, if his employment is terminated without cause by the company, or for good reason by Mr. Greifeld, he will be entitled to:

 

   

one year’s annual base salary and annual incentive bonus;

 

   

SERP benefits as if he were fully vested in the SERP; and

 

   

continued health coverage for the lesser of 24 months or until coverage begins under the health plan of a subsequent employer.

In addition, Mr. Greifeld’s vested options would remain exercisable for 36 months, his unvested options would continue to vest for 30 months subject to restrictive covenants and any performance share units would continue to vest subject to the attainment of performance goals and restrictive covenants.

This excerpt taken from the NDAQ DEF 14A filed Apr 20, 2007.

Robert Greifeld

Under Mr. Greifeld’s amended and restated employment agreement, if his employment is terminated without cause by the company, or for good reason by Mr. Greifeld, he will be entitled to:

 

   

one year’s annual base salary and annual incentive bonus;

 

   

SERP benefits as if he were fully vested in the SERP; and

 

   

continued health coverage for the lesser of 24 months or until coverage begins under the health plan of a subsequent employer.

In addition, Mr. Greifeld’s vested options would remain exercisable for 36 months, his unvested options would continue to vest for 30 months subject to restrictive covenants and any performance share units would continue to vest subject to the attainment of performance goals and restrictive covenants.

 

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