What TonyHayward gets for leaving BP job:
"... will pay him 1.045 million pounds ($1.6 million), a year's salary, instead of the year's notice he was entitled to.
"On top of the payout, Hayward retains his rights to shares under a long-term performance program which could eventually be worth several million pounds if BP's share price recovers. The stock has lost around 35 percent, or $60 billion, in market value to around $116 billion since the well explosion. The stock started out marginally higher on Tuesday, but was trading almost 1 percent lower at 413.35 pence in afternoon trade on the London Stock Exchange.
Hayward, who will remain on the board until Nov. 30, will also be entitled to draw an annual pension of 600,000 pounds ($900,000) from a pension pot valued at around 11 million pounds."