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NTEC » Topics » Nonqualified Deferred Compensation for Fiscal Year 2007

These excerpts taken from the NTEC 10-K filed Apr 29, 2008.

Nonqualified Deferred Compensation for Fiscal Year 2007

        The following table provides information about defined contribution or other plans that provide for the deferral of compensation on a basis that is not tax-qualified for each of our named executive officers:

Name
   Registrant
Contribution in
Last Fiscal Year
($)
   Aggregate
Earnings in Last
Fiscal Year
($)(1)
   Aggregate
Withdrawals/
Distributions
($)(2)
   Aggregate
Balance at Last
Fiscal Year End
($)
George J. Vergis   —   (2,787 ) 24,232   —
David A. Zopf   —   (2,787 ) 24,232   —
Debra J. Poul   —   (2,787 ) 24,232   —
A. Brian Davis   —   (2,787 ) 24,232   —
Bruce A. Wallin(3)   —   —   —   —
(1)
The amounts shown in this column reflect the aggregate change in value of previously vested RSU awards from January 1, 2007 through the date the RSU awards were settled by delivery of shares of our Common Stock (July 30, 2007).

(2)
The amounts shown in this column reflect the aggregate value of RSU awards that vested prior to January 1, 2007 and that were settled by the delivery of shares of our Common Stock to the award recipient during 2007. The value of each award was calculated using the closing price of our Common Stock on the date of the delivery (July 30, 2007).

(3)
RSUs were only granted to our named executive officers who were officers at each respective grant date. Dr. Wallin was not an officer on any of the grant dates and thus was not granted any RSUs.

17

Nonqualified Deferred Compensation for Fiscal Year 2007



        The following table provides information about defined contribution or other plans that provide for the deferral of compensation on a basis that is not
tax-qualified for each of our named executive officers:







































































Name
 Registrant

Contribution in

Last Fiscal Year

($)
 Aggregate

Earnings in Last

Fiscal Year

($)(1)
 Aggregate

Withdrawals/

Distributions

($)(2)
 Aggregate

Balance at Last

Fiscal Year End

($)
George J. Vergis — (2,787)24,232 —
David A. Zopf — (2,787)24,232 —
Debra J. Poul — (2,787)24,232 —
A. Brian Davis — (2,787)24,232 —
Bruce A. Wallin(3) — — — —





(1)
The
amounts shown in this column reflect the aggregate change in value of previously vested RSU awards from January 1, 2007 through the date the RSU awards were settled by
delivery of shares of our Common Stock (July 30, 2007).


(2)
The
amounts shown in this column reflect the aggregate value of RSU awards that vested prior to January 1, 2007 and that were settled by the delivery of shares of our Common
Stock to the award recipient during 2007. The value of each award was calculated using the closing price of our Common Stock on the date of the delivery (July 30, 2007).


(3)
RSUs
were only granted to our named executive officers who were officers at each respective grant date. Dr. Wallin was not an officer on any of the grant dates and thus was not
granted any RSUs.

17








EXCERPTS ON THIS PAGE:

10-K (2 sections)
Apr 29, 2008

RELATED TOPICS for NTEC:

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