Symantec 2008 Annual Report Download - page 69

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(5) This amount includes (a) $22,906 for coverage of expenses related to Mr. Thompson’s attendance at the
Company’s sales achiever’s trip and Board retreat, (b) $14,386 for term executive life insurance and individual
long term disability insurance premium payments made by the Company, (c) $6,000 for the Company’s
contributions to Mr. Thompson’s account under its 401(k) plan and (d) $184,689 for incremental costs
incurred by the Company in connection with personal use of the company aircraft. Incremental costs include
variable costs directly related to the personal use of the company aircraft, such as fuel, hourly usage rates and
federal excise taxes.
(6) This amount includes (a) term executive life insurance and individual long term disability insurance premium
payments made by the Company, and (b) $88,225 for incremental costs incurred by the Company in
connection with Mr. Thompson’s personal use of the company aircraft. Incremental costs include variable
costs directly related to the personal use of the company aircraft, such as fuel, hourly usage rates and federal
excise taxes.
(7) This amount includes (a) $607,200 for Mr. Beer’s executive annual bonus under his Executive Annual
Incentive Plan for fiscal 2008, which was earned in fiscal 2008 and paid in fiscal 2009, and (b) $472,500
accrued on Mr. Beer’s behalf for performance during fiscal 2008 under the FY08 LTIP. Mr. Beer will be
eligible to receive the FY08 LTIP award if he remains employed by the Company through the payment date,
which is the last day of fiscal 2010.
(8) This amount includes coverage of expenses related to attendance at the Board retreat, reimbursement for tax
services and the Company’s contributions to Mr. Beer’s account under its 401(k) plan.
(9) Pursuant to his offer letter, Mr. Beer was paid the following bonuses in the 2007 fiscal year: (a) $260,000,
representing 50% of his annual bonus as calculated under his FY07 Executive Annual Incentive Plan, and
(b) $500,000, upon the six month anniversary of his employment commencement date.
(10) This amount includes $46,295 in relocation expenses. Relocation expenses include reimbursements made to
Mr. Beer for his out-of-pocket expenses, amounts that were paid directly to third party vendors and tax gross
up for such expenses.
(11) This amount represents (a) $510,598 for Mr. Hughes’ executive annual bonus under his Executive Annual
Incentive Plan for fiscal 2008, which was earned in fiscal 2008 and paid in fiscal 2009, and (b) $472,500
accrued on Mr. Hughes’ behalf for performance during fiscal 2008 under the FY08 LTIP. Mr. Hughes will be
eligible to receive the FY08 LTIP award if he remains employed by the Company through the payment date,
which is the last day of fiscal 2010.
(12) This amount represents $37,826 for coverage of expenses related to attendance at the Company’s sales
achiever’s trip and Board retreat, the Company’s contributions to Mr. Hughes’ account under its 401(k) plan
and reimbursement for tax services.
(13) This amount represents (a) $468,886 for Mr. Salem’s executive annual bonus under his Executive Annual
Incentive Plan for fiscal 2008, which was earned in fiscal 2008 and paid in fiscal 2009, and (b) $472,500
accrued on Mr. Salem’s behalf for performance during fiscal 2008 under the FY08 LTIP. Mr. Salem will be
eligible to receive the FY08 LTIP award if he remains employed by the Company through the payment date,
which is the last day of fiscal 2010.
(14) This amount includes coverage of expenses related to Mr. Salem’s attendance at the Company’s sales
achiever’s trip and Board retreat.
(15) This amount represents (a) $338,400 for Ms. Chaffin’s executive annual bonus under her Executive Annual
Incentive Plan for fiscal 2008, which was earned in fiscal 2008 and paid in fiscal 2009, and (b) $472,500
accrued on Ms. Chaffin’s behalf for performance during fiscal 2008 under the FY08 LTIP. Ms. Chaffin will be
eligible to receive the FY08 LTIP award if she remains employed by the Company through the payment date,
which is the last day of fiscal 2010.
(16) This amount includes $26,158 for coverage of expenses related to attendance at the Company’s sales
achiever’s trip and Board retreat, the Company’s contributions to Ms. Chaffin’s account under its 401(k) plan
and reimbursement for tax services.
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