SAH 2019 Proxy Statement
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¶V VDODULHG HPSOR\HHV RQ VLPLODU WHUPV DUH QRW GHVFULEHG Payments Upon Termination %DVHG RQ WKH FRPSHQVDWLRQ DUUDQJHPHQWV GHVFULEHG LQ WKH &RPSHQVDWLRQ 'LVFXVVLRQ DQG $QDO\VLV VHFWLRQ RI WKLV 3UR[\ 6WDWHPHQW DQG WKH WHUPV RI WKH 6WRFN ,QFHQWLYH 3ODQ DQG WKH 6WRFN ,QFHQWLYH 3ODQ WKH HVWLPDWHG SUHVHQW YDOXH RI WKH VDODU\ ERQXV DQG VWRFN DZDUG SD\PHQWV WKH 1DPHG ([HFXWLYH 2IILFHUV FRXOG KDYH UHFHLYHG XSRQ WHUPLQDWLRQ ZLWKRXW FDXVH DV RI 'HFHPEHU DUH DV IROORZV 1DPH 6DODU\ DQG %RQXV 6WRFN $ZDUGV 2 %UXWRQ 6PLWK ² 'DYLG %UXWRQ 6PLWK ² % 6FRWW 6PLWK ² -HII '\NH ² +HDWK 5 %\UG 5HSUHVHQWV WKH YDOXH RI UHVWULFWHG VWRFN XQLWV WKDW ZRXOG KDYH YHVWHG XSRQ WHUPLQDWLRQ ZLWKRXW FDXVH EDVHG RQ WKH FORVLQJ SULFH RI 6RQLF¶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³²&RPSHQVDWLRQ 'LVFXVVLRQ DQG $QDO\VLV²/RQJ 7HUP (TXLW\ &RPSHQVDWLRQ²6SHFLDO 5HWHQWLRQ *UDQW IRU 0U -HII '\NH 3UHVLGHQW´ DQG ³(PSOR\PHQW $JUHHPHQWV DQG &KDQJH LQ &RQWURO $JUHHPHQWV²3HUIRUPDQFH %DVHG 5HVWULFWHG 6WRFN 8QLW $JUHHPHQW ZLWK 0U -HII '\NH 3UHVLGHQW ´ )RU WHUPLQDWLRQ GXH WR GHDWK RU GLVDELOLW\ WKH YDOXH RI WKH UHVWULFWHG VWRFN XQLWV ZRXOG KDYH EHHQ DV IROORZV 0U 2 %UXWRQ 6PLWK 0U 'DYLG %UXWRQ 6PLWK 0U % 6FRWW 6PLWK 0U -HII '\NH DQG 0U +HDWK 5 %\UG )RU 0U '\NH WKLV YDOXH LQ FRQQHFWLRQ ZLWK WHUPLQDWLRQ GXH WR GHDWK RU GLVDELOLW\ DVVXPHV WKDW KH EHFDPH YHVWHG LQ D SUR UDWD SRUWLRQ RI WKH 5HWHQWLRQ 8QLWV GHWHUPLQHG LQ DFFRUGDQFH ZLWK WKH 568 $JUHHPHQW )RU PRUH LQIRUPDWLRQ DERXW WKH 5HWHQWLRQ 8QLWV DQG WKH 568 $JUHHPHQW VHH ³²&RPSHQVDWLRQ 'LVFXVVLRQ DQG $QDO\VLV² /RQJ 7HUP (TXLW\ &RPSHQVDWLRQ²6SHFLDO 5HWHQWLRQ *UDQW IRU 0U -HII '\NH 3UHVLGHQW´ DQG ³(PSOR\PHQW $JUHHPHQWV DQG &KDQJH LQ &RQWURO $JUHHPHQWV²3HUIRUPDQFH %DVHG 5HVWULFWHG 6WRFN 8QLW $JUHHPHQW ZLWK 0U -HII '\NH 3UHVLGHQW ´ 7KH (PSOR\PHQW $JUHHPHQW EHWZHHQ WKH &RPSDQ\ DQG 0U %\UG SURYLGHV IRU WKH SD\PHQW RI VHYHUDQFH LQ WKH HYHQW RI D WHUPLQDWLRQ RI KLV HPSOR\PHQW E\ 6RQLF RWKHU WKDQ IRU ³FDXVH´ DV GHILQHG LQ WKH
Made with FlippingBook
RkJQdWJsaXNoZXIy NzIxODM5