Option Exercises and Stock Vested
Following are the stock awards vested for the General Partner’s executive officers for the year ended
December 31, 2011:
Stock Awards
Name
Number of
Shares Acquired
on Vesting
Value
Realized on Vesting
Mark A. Borer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24,200
$1,162,326
Angela A. Minas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9,380
$ 450,521
Michael S. Richards . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7,550
$ 362,627
Nonqualified Deferred Compensation
Following is the nonqualified deferred compensation for the General Partner’s executive officers for the
year ended December 31, 2011:
Name
Executive
Contributions
in Last Fiscal
Year (a)
Registrant
Contributions
in Last Fiscal
Year (b)
Aggregate
Earnings in
Last Fiscal
Year (c)
Aggregate
Withdrawal/
Distributions
Aggregate
Balance at
December 31,
2011
Mark A. Borer . . . . . . . . . $169,518
$104,432 $61,994 $ — $1,172,354
Angela A. Minas . . . . . . . $103,680
$ 14,736 $11,516 $ — $ 227,689
Michael S. Richards . . . . . $ 19,107
$ 19,317 $ 3,097 $(21,519) $ 77,718
(a) These amounts are included in the “Summary Compensation” table for the year 2011 with the exception of
$103,680.19 for Ms. Minas and $9,031.70 for Mr. Richards, which were included in the “Summary
Compensation” table for the year 2010 as they related to deferrals of 2010 STI, and $70,363.45 for
Mr. Borer, which was included in the “Summary Compensation” table for the year 2008 as it related to
deferrals of 2008 RPU.
(b) These amounts are included in the “Summary Compensation” table for the year 2011.
(c) The performance of executive officers non-qualified deferred compensation is linked to certain mutual
funds or to the average rating of the BBB bond index at the election of the participant.
Potential Payments upon Termination or Change in Control
The General Partner has not entered into any employment agreements with any of our executive officers.
There are no formal severance plans in place for any employees in the event of termination of employment, or a
change in control of the Partnership. As noted above, the PPU’s, RPUs and the related dividend equivalent
rights, or DER’s, will become payable to executive officers under certain circumstance related to termination or
change in control. When an employee terminates employment with the Partnership, they are entitled to a cash
payment for the amount of unused vacation hours at the date of their termination.
The following table presents PPU’s, RPU’s and DERs payable as of December 31, 2011 under certain
circumstances, following termination, or a change in control:
Triggering Event
PPUs
RPUs
DERs
Total
Mark A. Borer
Change of Control(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,721,681 $1,721,681 $232,038 $3,675,400
Termination(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,470,634 $1,442,076 $387,391 $4,300,101
Angela A. Minas
Change of Control(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 667,545 $ 667,545 $ 89,964 $1,425,054
Termination(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 957,848 $ 559,209 $150,177 $1,667,234
Michael S. Richards
Change of Control(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 537,632 $ 537,632 $ 72,423 $1,147,687
Termination(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 770,845 $ 449,975 $120,866 $1,341,686
(a) In the event that the recipient is severed or if the recipient’s job is lower in status within twelve months of
the change of control.
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