Cabela's Inc. Executive Relocation Reimbursement Agreement with Thomas L. Millner

Contract Categories: Human Resources › Compensation Agreements
Summary

Cabela's Incorporated agreed to pay its President and CEO, Thomas L. Millner, a total of $104,000 to reimburse him for losses and expenses related to his relocation to Sidney, Nebraska. The payments include $85,000 for a loss on the sale of his previous home and $19,000 for final moving expenses. These payments were approved by the company's Compensation Committee in August and October 2011.

Read More Arrow
EX-10.1 2 exhibit101q32011.htm Exhibit10.1Q32011


 
 
 
 
 
Exhibit 10.1

Named Executive Officer Compensation-Related Arrangement Written Summary
On August 22, 2011, the Compensation Committee (the “Committee”) of the Board of Directors of Cabela's Incorporated (the “Company”) approved a payment of $85,000 to Thomas L. Millner, the Company's President and Chief Executive Officer. This payment was to partially reimburse Mr. Millner for a loss on the sale of his former residence that he incurred as a result of relocating to Sidney, Nebraska. In addition, on October 10, 2011, the Committee approved a payment of $19,000 to Mr. Millner to reimburse him for final moving expenses he incurred as a result of relocating to Sidney, Nebraska.