The following table lists the estimated amounts payable to a Named Executive Officer pursuant to
the 2018 Employment Agreements if his or her employment had been terminated without cause
unrelated to a change of control on December 25, 2018, the last day of our fiscal year, provided that
each Named Executive Officer signed a full release of all claims against us.
Termination Payments TableEstimated
Estimated Value of
Cash Newly Vested
Payments Stock Awards Total
Name ($)(1) ($)(2) ($)
W. Kent Taylor..................................... 100 14,486,550 14,486,650
Chairman, Chief Executive Officer
Scott M. Colosi .................................... 949,795 8,521,500 9,471,295
President
Celia P. Catlett..................................... 540,077 2,272,400 2,812,477
General Counsel, Corporate Secretary
S. Chris Jacobsen................................... 563,875 3,124,550 3,688,425
Chief Marketing Officer
Tonya R. Robinson.................................. 404,217 1,704,300 2,108,517
Chief Financial Officer
Doug W. Thompson................................. 1,106,348 4,090,320 5,196,668
Chief Operating Officer
(1) Mr. Taylor is entitled to a crisp $100 bill upon the termination of his employment without cause. If
the employment of Mr. Colosi had been terminated under those circumstances, he would have
received any bonus for a year already ended (even if not yet paid at termination), plus the
proportionate share of his annual base salary then in effect ($450,000) for 180 days, plus $175,000.
If the employment of Ms. Catlett had been terminated under those circumstances, she would have
received any bonus for a year already ended (even if not yet paid at termination), plus the
proportionate share of her annual base salary then in effect ($315,000) for 180 days, plus $92,500.
If the employment of Mr. Jacobsen had been terminated under those circumstances, he would
have received any bonus for a year already ended (even if not yet paid at termination), plus the
proportionate share of his annual base salary then in effect ($300,000) for 180 days, plus $100,000.
If the employment of Ms. Robinson had been terminated under those circumstances, she would
have received any bonus for a year already ended (even if not yet paid at termination), plus the
proportionate share of her annual base salary then in effect ($275,000) for 180 days, plus $60,000.
If the employment of Mr. Thompson had been terminated under those circumstances, he would
have received any bonus for a year already ended (even if not yet paid at termination), plus the
proportionate share of his annual base salary then in effect ($450,000) for 180 days, plus $225,000.
(2) Each Named Executive Officer’s restricted stock units would have become immediately vested
upon a termination of his or her employment without cause. The amounts shown in this column
represent the value of the restricted stock units outstanding under the 2018 Employment
Agreements at the closing price of our common stock on the last trading of our fiscal year ended
December 25, 2018, which was $56.81. The number of restricted stock units which would have
vested on that date is shown in ‘‘Outstanding Equity Awards.’’
The following table lists the estimated amounts payable to a Named Executive Officer if his or her
employment had been terminated without cause following a change of control, or if any of the officers