214
MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
MANAGEMENT REPORT FOR THEYEAR ENDED DECEMBER 31, 2013
(Expressed in thousand of euros)
AGREEMENTS BETWEENTHE COMPANY AND ITS DIRECTORS
AND MANAGERS THAT PROVIDE FOR SPECIAL INDEMNITIES
The following table itemises the only instances of special indemnification schemes outstanding between the Company
and its directors and managers.
Position
Guarantee or golden parachute clause
General Manager
Termination of contract by the Company (except for just cause):
(in replacement of legally prescribed severance, unless the latter is higher)
Termination between 04/24/02 and 12/31/07: 24 months’ salary.
Termination between 2008 and 2011: 18 months’ salary.
Termination thereafter: 12 months’ salary.
General Manager
Severance scheme:
a) Voluntary redundancy: accrual per annum: fixed annual salary + annual bonus/13,5, so
that total compensation is equivalent to the total years worked.
b) Justified or unjustified dismissal: legally prescribed severance + severance set out in a)
above.
Division Manager
Termination of contract by the Company (except in case of just cause):
An indemnity of one year of gross fixed salary plus legally prescribed severance
Manager
Termination of contract for reason attributable to the Company (except in case
of just cause):
18 months of fixed salary (including legally prescribed severance).
1...,204,205,206,207,208,209,210,211,212,213 215,216