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VGR » Topics » Payments Made Upon Termination

This excerpt taken from the VGR DEF 14A filed Apr 15, 2009.
Payments Made Upon Termination
 
Regardless of the manner in which a named executive officer’s employment terminates, he or she may be entitled to receive amounts earned during his or her term of employment. Such amounts include:
 
  •  unpaid base salary through the date of termination;
 
  •  any accrued and unused vacation pay;
 
  •  any unpaid award under the Plans or bonus under the Bonus Plan with respect to a completed performance period;
 
  •  all accrued and vested benefits under the Company’s compensation and benefit programs, including the pension plan and the Supplemental Retirement Plan; and


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Table of Contents

 
  •  with respect solely to Mr. Lorber, payment by the Company of a tax gross-up for any excise taxes and related income taxes on gross-ups for benefits received upon termination of employment.
 
This excerpt taken from the VGR DEF 14A filed Apr 25, 2008.
Payments Made Upon Termination
 
Regardless of the manner in which a named executive officer’s employment terminates, he or she may be entitled to receive amounts earned during his or her term of employment. Such amounts include:
 
  •  unpaid base salary through the date of termination;
 
  •  any accrued and unused vacation pay;
 
  •  any unpaid award under the Plans or bonus under the Bonus Plan with respect to a completed performance period;


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Table of Contents

 
  •  all accrued and vested benefits under our compensation and benefit programs, including the pension plan and the Supplemental Retirement Plan; and
 
  •  with respect solely to Mr. Lorber, payment by the Company of a tax gross-up for any excise taxes and related income taxes on gross-ups for benefits received upon termination of employment.
 
This excerpt taken from the VGR DEF 14A filed Apr 30, 2007.
Payments Made Upon Termination
 
Regardless of the manner in which a named executive officer’s employment terminates, he or she may be entitled to receive amounts earned during his or her term of employment. Such amounts include:
 
  •  unpaid base salary through the date of termination;
 
  •  any accrued and unused vacation pay;
 
  •  any unpaid award under the Plans or bonus under the Bonus Plan with respect to a completed performance period;
 
  •  all accrued and vested benefits under our compensation and benefit programs, including the pension plan and the Supplemental Retirement Plan; and
 
  •  with respect solely to Mr. Lorber, payment by the Company of a tax gross-up for any excise taxes and related income taxes on gross-ups for benefits received upon termination of employment.
 

EXCERPTS ON THIS PAGE:

DEF 14A
Apr 15, 2009
DEF 14A
Apr 25, 2008
DEF 14A
Apr 30, 2007

RELATED TOPICS for VGR:

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