ZBRA » Topics » NON-QUALIFIED DEFERRED COMPENSATION

This excerpt taken from the ZBRA DEF 14A filed Apr 21, 2009.
NON-QUALIFIED DEFERRED COMPENSATION

     Pursuant to the Company’s Executive Non-Qualified Deferred Compensation Plan effective January 1, 2002, (the “2002 Deferral Plan”) and its 2005 Executive Deferred Compensation Plan effective January 1, 2005, (the “2005 Deferral Plan”) (the 2002 Deferral Plan and the 2005 Deferral Plan are collectively referred to herein as the “Deferral Plans”), a Named Officer could defer, on a pre-tax basis, up to 80% of each of his base salary, commissions and cash incentive award earned for 2008. Deferred compensation balances are credited with gains or losses which mirror the performance of benchmark investment funds selected by the participant from among the Deferral Plans’ available funds offerings. All credited amounts under the Deferral Plans are unfunded general obligations of the Company, and the participants have no greater rights to their respective payments than the rights of any unsecured general creditor of the Company.

     The values of each participant’s account under the Deferral Plans change based upon the performance of the funds designated by the participant from various money market and investment funds offerings. Amounts deferred under the Deferral Plans are paid either in a lump sum or in annual installments pursuant to the terms of the Deferral Plans. The Deferral Plans permit payment of the deferred amount upon, among other things, a termination of employment and a change of control of the Company. To date, the Company has not made contributions to the Deferral Plans, but pays all of the Deferral Plans’ administrative costs and expenses.

     The table below reflects the funds available under the Deferral Plans in which the Named Officers’ accounts had investment balances as of December 31, 2008, and the funds’ annual rates of return for 2008, as reported by the administrator of the Deferral Plans. The Deferral Plans are further described above under “Compensation Discussion and Analysis.”

Fund Name       2008 Rate of Return
T. Rowe Price Prime Reserve    2.55%
T. Rowe Price Retirement 2020  (33.48%)
T. Rowe Price Growth Stock  (42.26%)

-35-


     The table below sets forth information regarding the Named Officers’ participation in the Deferral Plans in 2008.

This excerpt taken from the ZBRA DEF 14A filed Apr 22, 2008.

NON-QUALIFIED DEFERRED COMPENSATION

     Pursuant to the Company’s Executive Non-Qualified Deferred Compensation Plan effective January 1, 2002, (the “2002 Deferral Plan”) and its 2005 Executive Deferred Compensation Plan effective January 1, 2005, (the “2005 Deferral Plan”) (the 2002 Deferral Plan and the 2005 Deferral Plan are collectively referred to herein as the “Deferral Plans”), a Named Officer could defer, on a pre-tax basis, up to 100% of each of his base salary, commissions and bonus earned for 2007. Beginning in 2008, a Named Officer may defer only up to 80% of his base salary, commissions and bonus earned each year. Deferred compensation balances are credited with gains or losses which mirror the performance of benchmark investment funds selected by the participant from among the Deferral Plans’ available funds offerings. All credited amounts under the Deferral Plans are unfunded general obligations of the Company, and the participants have no greater rights to their respective payments than the rights of any unsecured general creditor of the Company.

     The values of each participant’s account under the Deferral Plans change based upon the performance of the funds designated by the participant from various money market and investment funds offerings. Amounts deferred under the Deferral Plans are paid either in a lump sum or in annual installments pursuant to the terms of the Deferral Plans. To date, the Company has not made contributions to the Deferral Plans, but pays all of the Deferral Plans’ administrative costs and expenses.

     The table below reflects the funds available under the Deferral Plans in which the Named Officers’ accounts had investment balances as of December 31, 2007, and the funds’ annual rates of return for 2007, as reported by the administrator of the Deferral Plans. The Deferral Plans are further described above under “Compensation Discussion and Analysis.”

  Fund Name    2007 Rate of Return
American Funds Growth Fund (Class 2)  12.35% 
DWS Equity 500 Index VIP (Class A)  5.30% 
DWS Small Cap Index VIP (Class A)  -1.90% 
Lincoln VIP Money Market Fund (Standard Class)  4.97% 

     The table below sets forth information regarding the Named Officers’ participation in the Deferral Plans in 2007.

This excerpt taken from the ZBRA DEF 14A filed Apr 24, 2007.
NON-QUALIFIED DEFERRED COMPENSATION

     Pursuant to the Company’s Executive Non-Qualified Deferred Compensation Plan effective January 1, 2002 (the “2002 Deferral Plan”) and its 2005 Executive Deferred Compensation Plan effective January 1, 2005 (the “2005 Deferral Plan”) (the 2002 Deferral Plan and the 2005 Deferral Plan are collectively referred to herein as the “Deferral Plans”), Named Officers may defer, on a pre-tax basis, all or a portion of base salary, commissions and bonus earned each year. Deferred compensation balances are credited with gains or losses which mirror the performance of benchmark investment funds selected by the participant from among the Deferral Plans’ available funds offerings. All credited amounts under the Deferral Plans are unfunded general obligations of the Company, and the participants have no greater rights to their respective payments than the rights of any unsecured general creditor of the Company.

- 14 -


     The values of each participant’s account under the Deferral Plans change based upon the performance of the funds designated by the participant from various money market and investment funds offerings. Amounts deferred under the Deferral Plans are paid either in a lump sum or in annual installments pursuant to the terms of the Deferral Plans. To date, the Company has not made contributions to the Deferral Plans, but pays all of the Deferral Plans’ administrative costs and expenses.

     The table below reflects the funds available under the Deferral Plans in which the Named Officers’ accounts had investment balances as of December 31, 2006 and the funds’ annual rates of return for 2006, as reported by the administrator of the Deferral Plans. The Deferral Plans are further described below in “Compensation Discussion and Analysis.”

 Fund Name                              2006 Rate of Return
AIM V.I. International Growth Fund (Series I Shares)   28.23%
AllianceBernstein Small/Mid Cap Value Portfolio (Class A)   14.42%
American Funds Growth Fund (Class 2)   10.22%
DWS Equity 500 Index VIP (Class A)   15.52%
DWS Small Cap Index VIP (Class A)   17.49%
Fidelity VIP Contrafund Portfolio (Service Class)   11.59%
Lincoln VIP Money Market Fund (Standard Class)    4.68%

     The table below sets forth information regarding the Named Officers’ participation in the Deferral Plans in 2006.

  Executive  Registrant   Aggregate  Aggregate  Aggregate 
         Contributions in         Contribution in         Earnings in Last         Withdrawals/Distributions         Balance at Last 
 Name   Last FY ($) (1)   Last FY ($)   FY ($)  ($)   FYE ($) (2) 
Edward L. Kaplan     $625,069     $0     $451,554     $0     $4,681,224 
Charles R. Whitchurch     $26,000   $0     $27,096     $0     $211,610 
Hugh K. Gagnier     $0   $0     $3,518     $0     $29,775 
Veraje Anjargolian     $0     $0     $0     $0     $0 
Philip Gerskovich     $0     $0     $0     $0     $0 
____________________

      (1)       All 2006 executive contributions are included in the Named Officer’s salary compensation reported in the Summary Compensation Table above.
 
(2) Amounts reflected include the following amounts that have been reported as compensation to the Named Officer in the Company’s Summary Compensation Tables in its annual Proxy Statements for previous years: Mr. Kaplan: $3,330,767; Mr. Whitchurch: $139,593; and Mr. Gagnier: $16,250.

- 15 -


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki