CJ 2018 Proxy Statement
EXECUTIVE COMPENSATION TABLES Potential Payments Upon Termination or Change in Control Table The following table quantifies the amounts that each of our Named Executive Officers would have received under the terms of the respective employment agreements upon certain termination events, assuming that such an event occurred on December 31, 2017. These amounts could not be determined with any certainty outside of the occurrence of an actual termination. The value of any accelerated equity vesting upon a hypothetical termination is based on the closing price of C&J’s common stock on December 29, 2017, which was $33.47 per share. We have also assumed for purposes of the table below that all Accrued Obligations and other similar expenses were paid current or equaled $0 as of December 31, 2017. Where applicable, amounts reported reflect each NEO’s base salary and target value or actual bonus value as of December 31, 2017. Any actual payments that may be made pursuant to the agreements described above are dependent on various factors, which may or may not exist at the time the Named Executive Officer is actually terminated. Therefore, such amounts and disclosures should be considered “forward-looking statements.” Name and Principal Position Without Cause or For Good Reason Termination, Outside of a Change in Control ($) Without Cause or For Good Reason Termination, or Non-Renewal by us, in Connection with Change in Control ($) Termination Due to Death or Disability ($) Donald Gawick Chief Executive Officer Severance (Multiple of Salary and Target Bonus) 5,250,000 7,875,000 — Cash Bonus(1) 2,251,224 1,750,000 2,251,224 Continued Medical 19,415 38,831 — Accelerated Equity(2) 7,181,004 7,181,004 7,181,004 Total 14,701,643 16,844,835 9,432,228 E. Michael Hobbs Chief Operating Officer Severance (Multiple of Salary and Target Bonus) 2,500,000 3,750,000 — Cash Bonus(1) 771,848 750,000 771,848 Continued Medical 19,415 38,831 — Accelerated Equity(2) 2,775,734 2,775,734 2,775,734 Total 6,066,997 7,314,565 3,547,582 Mark Cashiola Chief Financial Officer Severance (Multiple of Salary and Target Bonus) 1,700,000 2,550,000 — Cash Bonus(1) 437,381 425,000 437,381 Continued Medical 26,505 53,009 — Accelerated Equity(2) 1,795,205 1,795,205 1,795,205 Total 3,959,091 4,823,214 2,232,586 Danielle Hunter Executive Vice President and General Counsel Severance (Multiple of Salary and Target Bonus) 1,600,000 2,400,000 — Cash Bonus(1) 411,652 400,000 411,652 Continued Medical 14,893 29,786 — Accelerated Equity(2) 1,736,791 1,736,791 1,736,791 Total 3,763,336 4,566,577 2,148,443 Patrick Bixenman Chief Administrative Officer and President, Research and Technology Severance (Multiple of Salary and Target Bonus) 1,448,000 2,172,000 — Bonus(1) 372,654 362,000 372,654 Continued Medical 26,505 53,009 — Accelerated Equity(2) 1,610,270 1,610,270 1,610,270 Total 3,457,429 4,197,279 1,982,924 (1) In the event of a termination without cause or for good reason outside of a change in control, or due to death or disability, each Named Executive Officer is entitled to receive payment of the annual STI cash bonus earned for the calendar year in which the termination occurs in an amount based on actual results and payable at the time bonuses are paid to active executives. In the event of a termination without cause or for good C&J ENERGY SERVICES, INC. 2018 PROXY STATEMENT 51
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