GTECH Holdings Corporation Schedule of Recipients of Executive Separation Agreements
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Summary
This document lists executive officers of GTECH Holdings Corporation who are parties to executive separation agreements. It specifies that, unless otherwise noted, each executive will receive their base salary and certain benefits for 12 months following separation. The schedule also notes the effective dates of employment termination for some individuals and references a separate employment agreement for W. Bruce Turner. The agreement ensures continued compensation and benefits for the listed executives after their departure from the company.
EX-10.9 3 y19841exv10w9.htm EX-10.9: SCHEDULE OF RECIPIENTS OF EXECUTIVE SEPARATION AGREEMENTS exv10w9
Exhibit 10.9
GTECH HOLDINGS CORPORATION
SCHEDULE OF RECIPIENTS OF EXECUTIVE
SEPARATION AGREEMENTS (1)
SEPARATION AGREEMENTS (1)
Recipient | Payout Period (2) | |
W. Bruce Turner | (3) | |
Barbara Burns | 12 months (4) | |
David Calabro | 12 months (5) | |
Marc Crisafulli | 12 months | |
Walter G. DeSocio | 12 months | |
Joseph Nadan | 12 months (6) | |
Timothy Nyman | 12 months | |
Jaymin Patel | 12 months | |
William M. Pieri | 12 months | |
Robert J. Plourde | 12 months | |
Donald Sweitzer | 12 months | |
(1) | Sets forth individuals who are, or who were during fiscal 2006, executive officers of GTECH Holdings Corporation (Holdings) and who are parties to separation agreements. | |
(2) | Unless otherwise indicated, executive is to receive continuation of his or her base salary at time of separation, plus certain health, insurance and other benefits for the respective number of months indicated. | |
(3) | See Amended and Restated Employment Agreement, dated as of August 2, 2005, between W. Bruce Turner and Holdings. | |
(4) | Employment terminated effective April 22, 2005. | |
(5) | Employment terminated effective May 15, 2005. | |
(6) | Employment terminated effective March 27, 2006. |