VRSN » Topics » Separation Agreements with Former Executives

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

Separation Agreements with Former Executives

The employment of several of our senior executives was terminated in 2008, and we entered into separation agreements with some of these executives. The separation agreements generally provide for severance payments and in some cases, equity award vesting acceleration. Detailed descriptions of these separation agreements and related severance payments can be found in the narrative that follows the Grants of Plan-Based Awards for Fiscal 2008 table and the section, “Certain Relationships and Related Transactions,” found elsewhere in this Proxy Statement.

This excerpt taken from the VRSN DEF 14A filed Apr 15, 2008.

Separation Agreements with Former Executives

The employment of several of our senior executives was terminated in 2007, and we entered into separation agreements with some of these executives. The separation agreements generally provide for severance payments and in some cases, equity award vesting acceleration and extension of post-termination exercise periods. Detailed descriptions of these separation agreements and related severance payments can be found in the narrative that follows and in the section titled Grants of Plan-Based Awards for Fiscal 2007.

 

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Table of Contents
This excerpt taken from the VRSN 10-K filed Feb 29, 2008.

Separation Agreements with Former Executives

 

The employment of several of our senior executives was terminated employment with us in 2007, and we entered into separation agreements with some of these executives. The separation agreements generally provide for severance payments and in some cases, equity award vesting acceleration and extension of post-termination exercise periods. Detailed descriptions of these separation agreements and related severance payments can be found in the narrative that follows and section titled Grants of Plan-Based Awards for Fiscal 2007.

 

"Separation Agreements with Former Executives" elsewhere:

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