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He is now entitled to a post-termination bonus of at least $6 million a year for two years as long as he does not accept another job, according to regulatory filings.
Walt Disney Co. : Michael Eisner got a post-termination bonus of $7.5 million a year for two more years, or one year if he takes a role at another major entertainment company other than as an independent producer.
With his early retirement, Mr Eisner's contract says he is eligible to receive annual "post-termination bonuses" of at least $6m for three years.
The upper-tier appeal largely upheld that verdict but some payments will be re-examined by the original tribunal, including termination and "guaranteed bonus" payments.
The upper-tier appeal has largely upheld that verdict but some payments will be re-examined by the original tribunal, including termination and "guaranteed bonus" payments.
There are clear alternatives: the Robin Hood tax; the enforcement of tax liabilities; the curtailment of tax avoidance schemes particularly in the corporate sector and the termination of an obscene bonus culture.
They include funding increases specifically for performance-based teacher bonuses and termination of social promotion in 3rd and 7th grades, based on proficiency.
Will termination fees get terminated?
Martin Winterkorn – the chief executive who resigned and thus "took responsibility for the irregularities" – got a €9.3m termination payment on top of a bonus-heavy €7.3m pay package.
Phillips, a Philadelphia lawyer, has negotiated every labor agreement the umpires have had, gaining significant economic improvements in salaries, bonuses for special events and termination pay.
Tyco's new severance policy limits compensation to twice the executive's base salary and bonuses at the time of termination.
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CEO of Professional Science Editing for Scientists @ prosciediting.com