Amendment No. 1 to Acuity Brands, Inc. Severance Agreement between Acuity Brands, Inc. and Barry R. Goldman
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Human Resources
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EX-10.III(A)84 6 ayi-20200831xex10iiia84.htm EXHIBIT 10.III(A)84 Exhibit
Exhibit 10(iii)A(84)
AMENDMENT NO. 1
TO
ACUITY BRANDS, INC.
SEVERANCE AGREEMENT
THIS AMENDMENT made and entered into as of May 28, 2019, by and between ACUITY BRANDS, INC. (the “Company”) and Barry R. Goldman (“Executive”);
W I T N E S S E T H
WHEREAS, the Company and Executive entered into a Severance Agreement, dated as of March 28, 2018 (“Severance Agreement”), providing for the payment of certain compensation and benefits to Executive if Executive’s employment is terminated under certain circumstances; and
WHEREAS, the parties now desire to amend the Severance Agreement in the manner hereinafter provided;
NOW, THEREFORE, the Severance Agreement is hereby amended, as follows:
1. | Section 2.9 is hereby replaced in its entirety by the following: |
2.9 “Severance Period” - A period equal to twelve (12) months from the Executive’s Date of Termination.
2. | This Amendment to the Severance Agreement shall be effective as of the date of this Amendment. Except as hereby modified, the Severance Agreement shall remain in full force and effect. |
IN WITNESS WHEREOF, the parties have executed this Amendment as of the day and year first above written.
COMPANY | |||
EXECUTIVE | ACUITY BRANDS, INC. | ||
/s/ Barry R. Goldman | By: | /s/ Vernon J. Nagel | |
Barry R. Goldman | VERNON J. NAGEL | ||
Chairman, President and CEO |