THS » Topics » 2008 NON-QUALIFIED DEFERRED COMPENSATION

This excerpt taken from the THS DEF 14A filed Mar 17, 2009.
2008 NON-QUALIFIED DEFERRED COMPENSATION
 
                                         
    Executive
    Registrant
    Aggregate
    Aggregate
    Aggregate
 
    Contributions
    Contributions
    Earnings
    Withdrawals/
    Balance at
 
    in Last FY
    in Last FY
    in Last FY
    Distributions
    Last FYE
 
Name
  ($)(a)     ($)     ($)(b)     ($)     ($)  
 
Sam K. Reed
    255,343       0       (221,980 )     0       577,853  
David B. Vermylen
    253,200       0       (430,674 )     0       1,234,580  
Dennis F. Riordan
    0       0       0       0       0  
Thomas E. O’Neill
    0       0       0       0       0  
Harry J. Walsh
    0       0       0       0       0  
 
 
(a) Amounts in this column are included in the “Salary” and/or “Non-Equity Incentive Plan Compensation” column in the 2008 Summary Compensation Table.
 
(b) Amounts in this column are not included in the 2008 Summary Compensation Table on page 20 of this Proxy Statement.
 
The 2008 Nonqualified Deferred Compensation Table presents amounts deferred under our Deferred Compensation Plan. Participants may defer up to 100% of their base salary and annual incentive plan payments under the Deferred Compensation Plan. Deferred Amounts are credited with earnings or losses based on the return of mutual funds selected by the executive, which the executive may change at any time. We do not make contributions to participants’ accounts under the Deferred Compensation Plan, except to the extent that employees in the plan have their match in the 401(k) plan limited as a result of participating in the Deferred Compensation Plan. Distributions are made in either a lump sum or an annuity as chosen by the executive at the time of the deferral.
 
The earnings on Mr. Reed’s Deferred Compensation Plan account were measured by reference to a portfolio of publicly available mutual funds chosen by Mr. Reed in advance and administered by an outside third party, which generated an annual loss of 27.75% in 2008. The earnings on Mr. Vermylen’s Deferred Compensation Plan account were measured by reference to a portfolio of publicly available mutual funds chosen by Mr. Vermylen in advance and administered by an outside third party, which generated an annual loss of 25.86% in 2008.
 
2008 NON-QUALIFIED DEFERRED COMPENSATION
 
                                         
    Executive
    Registrant
    Aggregate
    Aggregate
    Aggregate
 
    Contributions
    Contributions
    Earnings
    Withdrawals/
    Balance at
 
    in Last FY
    in Last FY
    in Last FY
    Distributions
    Last FYE
 
Name
  ($)(a)     ($)     ($)(b)     ($)     ($)  
 
Sam K. Reed
    255,343       0       (221,980 )     0       577,853  
David B. Vermylen
    253,200       0       (430,674 )     0       1,234,580  
Dennis F. Riordan
    0       0       0       0       0  
Thomas E. O’Neill
    0       0       0       0       0  
Harry J. Walsh
    0       0       0       0       0  
 
 
(a) Amounts in this column are included in the “Salary” and/or “Non-Equity Incentive Plan Compensation” column in the 2008 Summary Compensation Table.
 
(b) Amounts in this column are not included in the 2008 Summary Compensation Table on page 20 of this Proxy Statement.
 
The 2008 Nonqualified Deferred Compensation Table presents amounts deferred under our Deferred Compensation Plan. Participants may defer up to 100% of their base salary and annual incentive plan payments under the Deferred Compensation Plan. Deferred Amounts are credited with earnings or losses based on the return of mutual funds selected by the executive, which the executive may change at any time. We do not make contributions to participants’ accounts under the Deferred Compensation Plan, except to the extent that employees in the plan have their match in the 401(k) plan limited as a result of participating in the Deferred Compensation Plan. Distributions are made in either a lump sum or an annuity as chosen by the executive at the time of the deferral.
 
The earnings on Mr. Reed’s Deferred Compensation Plan account were measured by reference to a portfolio of publicly available mutual funds chosen by Mr. Reed in advance and administered by an outside third party, which generated an annual loss of 27.75% in 2008. The earnings on Mr. Vermylen’s Deferred Compensation Plan account were measured by reference to a portfolio of publicly available mutual funds chosen by Mr. Vermylen in advance and administered by an outside third party, which generated an annual loss of 25.86% in 2008.
 
2007 NON-QUALIFIED DEFERRED COMPENSATION
 
                                         
    Executive
    Registrant
    Aggregate
    Aggregate
    Aggregate
 
    Contributions
    Contributions
    Earnings
    Withdrawals/
    Balance at
 
    in Last FY
    in Last FY
    in Last FY
    Distributions
    Last FYE
 
Name
  ($)(a)     ($)     ($)(b)     ($)     ($)  
 
Sam K. Reed
    181,839       0       24,556       0       544,490  
David B. Vermylen
    811,658       0       60,613       0       1,412,0544  
Dennis F. Riordan
    0       0       0       0       0  
Thomas E. O’Neill
    0       0       0       0       0  
Harry J. Walsh
    0       0       0       0       0  
 
 
(a) Amounts in this column are included in the “Salary” and/or “Non-Equity Incentive Plan Compensation” column in the Summary Compensation Table.
 
(b) Amounts in this column are not included in the Summary Compensation Table on page 16 of this Proxy Statement.
 
The 2007 Nonqualified Deferred Compensation table presents amounts deferred under our Deferred Compensation Plan. Participants may defer up to 100% of their base salary and annual incentive plan payments under the Deferred Compensation Plan. Deferred Amounts are credited with earnings or losses based on the return of mutual funds selected by the executive, which the executive may change at any time. We do not make contributions to


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participants’ accounts under the Deferred Compensation Plan. Distributions are made in either a lump sum or an annuity as chosen by the executive at the time of the deferral.
 
The earnings on Mr. Reed’s Deferred Compensation account were measured by reference to a portfolio of publicly available mutual funds chosen by Mr. Reed in advance and administered by an outside third party, which generated an annual return of 4.72% in 2007. The earnings on Mr. Vermylen’s Deferred Compensation account were measured by reference to a portfolio of publicly available mutual funds chosen by Mr. Vermylen in advance and administered by an outside third party, which generated an annual return of 4.49% in 2007.
 
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