FleetBoston Financial Corporation Revised Schedule of Executive Officers with Change in Control Agreements

Summary

FleetBoston Financial Corporation has issued a revised schedule listing executive officers who are parties to certain change in control agreements. The document specifies two groups of executives: one group eligible for a benefit equal to three times their base salary plus bonus, and another group eligible for two times their base salary plus bonus, in the event of a change in control. The schedule names the executives in each group and outlines the key financial terms of their agreements.

EX-10.(B) 3 dex10b.htm REVISED SCHEDULE OF EXECUTIVE OFFICERS REVISED SCHEDULE OF EXECUTIVE OFFICERS

Exhibit 10(b)

 

FleetBoston Financial Corporation

Revised Schedule of Executive Officers Who Have Entered into

Certain Change in Control Agreements

 

 

A.   Benefit — 3x Base Plus Bonus:

 

Terrence P. Laughlin

Eugene M. McQuade

H. Jay Sarles

Anne M. Finucane

Richard A. Higginbotham

Brian T. Moynihan

M. Anne Szostak

 

 

B.   Benefit — 2x Base Plus Bonus:

 

Norman J. DeLuca

Joseph R. Dewhirst

Ernest L. Puschaver

Kenneth J. Sax