National Mentor Holdings, LLC Executive Deferred Compensation Plan (Effective January 1, 2014)
This agreement establishes a deferred compensation plan for executives of National Mentor Holdings, LLC, effective January 1, 2014. It outlines the contribution rates, as a percentage of annual base salary, for various executive positions, including the Executive Chair, CEO, CFO, and other executive officers. The plan also specifies that certain former executives are not credited with new contributions but can still earn returns on previously credited amounts. The agreement is designed to provide additional retirement or deferred compensation benefits to the listed executives.
EXHIBIT 10.26
NATIONAL MENTOR HOLDINGS, LLC
EXECUTIVE DEFERRED COMPENSATION PLAN
Effective as of January 1, 2014
EXHIBIT A (Schedule of Participants) | EXHIBIT A |
Level | Contribution rate, as percentage of annual base | Name | ||
Executive Chair | 13% | Edward M. Murphy | ||
Chief Executive Officer and President | 13% | Bruce F. Nardella | ||
Chief Financial Officer | 11% | Denis M. Holler | ||
All other Executive Officers (as defined in SEC regulations) | 9% | Jeffrey M. Cohen (effective November 9, 2011) Linda DeRenzo Kathleen P. Federico Robert M. Melia David M. Petersen Dwight D. Robson (effective March 4, 2011) | ||
Former Chairman of the Board of Directors
Former Senior Vice President | * | Gregory T. Torres
John J. Green |
* | Mr. Torres and Mr. Green are not credited with contributions under the Plan but the amounts previously credited to their Accounts are eligible to earn a return under the Plan on the same basis as other Participants. |