Attached files

file filename
EX-10.1D - EXHIBIT 10.1D - Thryv Holdings, Inc.ex101dipagreement.htm
EX-10.1A - EXHIBIT 10.1A - Thryv Holdings, Inc.ex101aseveranceplan.htm
EX-31.1 - EXHIBIT 31.1 - Thryv Holdings, Inc.dexmedia201563010qex311.htm
EX-32.1 - EXHIBIT 32.1 - Thryv Holdings, Inc.dexmedia201563010qex321.htm
EX-31.2 - EXHIBIT 31.2 - Thryv Holdings, Inc.dexmedia201563010qex312.htm
EX-10.1C - EXHIBIT 10.1C - Thryv Holdings, Inc.ex101cterminationletter.htm
EX-10.1E - EXHIBIT 10.1E - Thryv Holdings, Inc.ex101eempconfnon-compete.htm
EX-10.1 - EXHIBIT 10.1 - Thryv Holdings, Inc.ex101separationagreement.htm
EX-10.1B - EXHIBIT 10.1B - Thryv Holdings, Inc.ex101bseveranceprotection.htm
10-Q - 10-Q - Thryv Holdings, Inc.dexmedia20156-3010xq.htm
Per the terms of the Company’s plans and award agreements, the following payments will be made to Mr. Humenik subject to the Plan terms:1 Summary – Severance Payments: Del Humenik Severance Element Brief Description Value ($000) Timing Cash Severance 1.5 X Base Salary and 1.5X Bonus $1,665 Payable at separation pending the Company’s receipt of the Release Agreement (Cash Severance payable 60 days following separation), and at the same time as all other participants with regards to the pro rata STI payment. 2015 Pro Rata Bonus (STI) Pro Rata STI (est @ 75% payout & term date 5/5/15) $134 Benefit Continuation (Health) / COBRA Supplement 2,4 18 months $23 Life Insurance3 18 months $2 Outplacement Services3 1 year $7 Stock Options5 101,586 total options; 36,800 vested & exercisable; 64,786 potential cancel Expire/cancel unvested and unexercisable options under NQSO Agreement -- Upon Term Effective date options already vested on effective date of term will be exercisable for 90 days 2013 & 2014 Restricted Stock Awards (34,400 RSAs) Forfeit under provisions of RSA Agreement Section 3(a) & 3(d) $0 Upon Term effective date 2014 Cash LTIP Award Forfeiture of 2014 Performance Award under the Cash LTI Plan Section 4.5 $0 Upon Term effective date 2014 VCP Award (20,000 units) 6 VCP Units Vest and are Payable Based on VCP value as of May 5th $0 If a positive value, payable at separation pending the Company’s receipt of the Release Agreement (if any payable due, then six (6) months following separation) Total: $1,831 1


 
Footnotes: Summary – Severance Payments: Del Humenik 1. Any unpaid items due to Mr. Humenik at the time of his separation will be paid at the time of separation. These items include i) unreimbursed business expenses, ii) unpaid base salary or perquisites, and iii) payment for unused vacation at the time of separation (est $23,520.75 as of 05-5-2015). 2. Mr. Humenik will receive benefits under Company-sponsored pension plans (will provide to the Board separately / does not require Board consideration or approval). These items will be paid out under, and in accordance with the terms of, their respective plans and award agreements, as appropriate. 3. The values of certain benefits are estimated for CBC review; the actual costs and payments will be determined in accordance with the Company’s benefits plans at the time they are actually paid. 4. No change to policy – updated estimate only. 5. Option Details: 6. VCP value as of March 31, 2015 Grant Date Exercise / Strike Price Options BS FMV Options Total 5/5/2015 Options Vested & Exercisable Options Unexercisable 9/5/2013 $ 10.25 $ 5.57 61,100 30,550 30,550 5/28/2014 $ 9.99 $ 5.52 25,000 6,250 18,750 12/15/2014 $ 9.18 $ 5.03 15,486 - 15,486 2