Document RJojjV8oa7Z4jK93EmVkgkNvk

MAFCO CONSOLIDATED GROUP INC (Form: 10-K, Received. 03/28/1997 00 00 0. .Page 35 of 116 Officer of Tobacco Products Group Gary R Ellis Senior Vice President and Chief Financial Officer of Tobacco Products Group 1995 1994 1,000,000 675,000 1,000,000 400,000 1996 1995 1994 217,500 200,000 185,000 326,250 200,000 100,000 (a) Includes a performance bonus of $500,000, deferred bonus of $1,500,000 and a transaction bonus of $2,972,685. See Employment Agreements" (b) Excludes options granted pursuant to Cigar's 1996 Stock Option Plan. (c) Represents that portion of the special payment that vested m 1996 and 1995 under Mr. Maher's employment agreement with the Company, assuming that Mr Maher becomes entitled to the maximum amount payable under his employment agreement. See "--Employment Agreements " (d) Reflects portion of Mr. Folz's employment agreement assumed by Consolidated Cigar for 1996 and portion of Mr Folz's employment agreement paid by Pneumo Abex through November 25, 1996, the date of the Flavors Disposition. (e) Represents perquisites and other personal benefits, which, in total, are valued in excess of $50,000 of which $39,046 was related to the personal use of a company automobile (f) Represents the Company's contribution to the employee's account under Consolidated Cigar's 401(k) plan. 34 OPTION GRANTS IN LAST FISCAL YEAR The following table contams information concerning the grant of stock options under the Mafco Consolidated Group Inc 1995 Stock Option Plan to Mr. Folz in 1996. No option grants were made to the other Named Executive Officers m 1996. NAME :0 W Folz NUMBER OF SECURITIES UNDERLYING OPTIONS GRANTED 100,000(c) INDIVIDUAL GRANT (A) PERCENT OF TOTAL OPTIONS GRANTED EXERCISE OR TO EMPLOYEES BASE PRICE IN 1996 ($/SH) EXPIRATION DATE 80% $22.00 June 25, 2006 http//www.edgarpro.com/EFX_dll/EDGARpro.dll?FetchFihngHTMLl?ID=969943&Ses... 10/19/2003