Ameren Corporation Change of Control Severance Plan for Section 16 Officers

Summary

This agreement outlines the severance benefits for certain officers of Ameren Corporation in the event of a change of control. It specifies the eligible participants, their benefit levels, and the calculation of severance payments, which include multiples of base pay, incentive awards, and retirement benefits. Some officers are not eligible for excise tax gross-up provisions. The plan ensures financial protection for these executives if their employment is terminated following a change in company control.

EX-10.26 9 aee202010-kexhibit1026.htm CHANGE OF CONTROL SEVERANCE PLAN Document

Exhibit 10.26

SCHEDULE I

CHANGE OF CONTROL SEVERANCE PLAN PARTICIPANTS

SECTION 16 OFFICERS


Benefit Level¹ - 3
Baxter, Warner L.			Mark, Richard J.
Diya, Fadi M.			Moehn, Michael
Lyons, Martin J.			Nwamu, Chonda *
Benefit Level - 2
Steinke, Bruce


* Not eligible for excise tax gross-up provisions (for new officers effective on or after October 1, 2009)

¹ Benefit levels are defined as a payment amount equal to a cash severance multiple of base pay, target short-term incentive award, short-term incentive award in year of termination (prorated at target), the actuarial equivalent of the benefit under the qualified defined benefit retirement plan and any excess or supplemental retirement plan.