Symantec 2008 Annual Report Download - page 76

The following table summarizes the value of the payouts to Mr. Hughes pursuant to Mr. Hughes’ employment
agreement, the Symantec Executive Retention Plan, and the Symantec Corporation Severance Plan assuming a
qualifying termination as of March 28, 2008 (intrinsic values of equity awards are based upon the closing price for a
share of our common stock of $16.82 on March 28, 2008 minus the exercise price):
Severance Pay Option Vesting RSU Vesting COBRA Premiums Option Vesting RSU Vesting
Involuntary Termination
Because of Market
Conditions or Division
Performance
Termination Without Cause or
Resignation With Good Reason, or
Termination Due to Death or Disability
Termination Without
Cause or Constructive
Termination within 12
Months of a Change
of Control
$154,837 $0 $88,625 $18,899 $0 $2,523,000
Enrique T. Salem
The following table summarizes the value of the payouts to Mr. Salem pursuant to the Symantec Executive
Retention Plan and the Symantec Corporation Severance Plan, assuming a qualifying termination as of March 28,
2008 (intrinsic values of equity awards are based upon the closing price for a share of our common stock of $16.82
on March 28, 2008 minus the exercise price):
Severance Pay COBRA Premiums Option Vesting RSU Vesting
Involuntary Termination Because of
Market Conditions or Division Performance
Termination Without Cause or
Constructive Termination
Within 12 Months of a
Change of Control
$190,625 $6,376 $0 $3,027,600
Janice Chaffin
The following table summarizes the value of the payouts to Ms. Chaffin pursuant to the Symantec Executive
Retention Plan and the Symantec Corporation Severance Plan, assuming a qualifying termination as of March 28,
2008 (intrinsic values of equity awards are based upon the closing price for a share of our common stock of $16.82
on March 28, 2008 minus the exercise price):
Severance Pay COBRA Premiums Option Vesting RSU Vesting
Involuntary Termination Because of Market
Conditions or Division Performance
Termination Without Cause or
Constructive Termination
Within 12 Months of a
Change of Control
$154,039 $6,895 $0 $2,523,000
Gregory S. Butterfield
On January 26, 2007, Symantec entered into an employment letter agreement with Mr. Butterfield. Pursuant to
that agreement, in the event that Mr. Butterfield resigns for good reason (i.e. material reduction in position or salary,
relocation, material breach of the employment letter agreement by Symantec) or if the employment of Mr. But-
terfield is terminated other than for cause (as defined in the employment letter agreement, with reference to
Mr. Butterfield’s employment agreement with Altiris dated July 26, 2006) or is terminated due to death or disability
before April 6, 2009, then Mr. Butterfield is entitled to the following:
• All unvested stock options, restricted share awards or other equity awards assumed by Symantec in its
acquisition of Altiris will vest in full at the time of termination of employment. Any right of repurchase held
by Symantec with respect to such equity awards will fully lapse at such time.
• Severance payments in the following amounts, to be paid within 30 days of termination of employment:
(i) an amount equal to two years of Mr. Butterfield’s base salary as of April 6, 2007; and (ii) an amount equal
to two times Mr. Butterfield’s annual bonus with a bonus target of 40% of his annual base salary as of April 6,
2007.
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