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