IDACORP, Inc. and Idaho Power Company Executive Officers Amended and Restated Change in Control Agreements (as of February 20, 2025)

Summary

IDACORP, Inc. and Idaho Power Company have entered into amended and restated change in control agreements with several of their executive officers. These agreements outline the terms and protections for executives if there is a change in control of the company, such as potential severance or other benefits. Some agreements do not include certain provisions like a 13th-month trigger or tax gross-up. The agreements are specific to each executive and are designed to provide stability and clarity in the event of significant corporate changes.

EX-10.26 4 ida123124ex1026.htm EX-10.26 Document

Exhibit 10.26

IDACORP, Inc. and/or Idaho Power Company Executive Officers
with Amended and Restated Change in Control Agreements
(as of February 20, 2025)

NameTitleDate of Agreement
Ryan Adelman*Vice President, Power Supply of Idaho Power Company10/5/2019
Brian R. Buckham*Senior Vice President, Chief Financial Officer, and Treasurer of IDACORP, Inc. and Idaho Power Company4/4/2016
Mitch Colburn*Vice President, Planning, Engineering and Construction of Idaho Power Company8/6/2020
Sarah E. Griffin*Vice President, Human Resources of Idaho Power Company10/5/2019
Lisa A. GrowPresident and Chief Executive Officer of IDACORP, Inc. and Idaho Power Company12/12/2008
James Bo D. Hanchey*Vice President, Customer Operations and Chief Safety Officer of Idaho Power Company10/5/2019
Julia A. Hilton*
Vice President and General Counsel of IDACORP, Inc. and Idaho Power Company
3/18/2023
Jeffrey L. MalmenSenior Vice President of Public Affairs of IDACORP, Inc. and Idaho Power Company12/8/2008
Adam Richins*Senior Vice President & Chief Operating Officer of Idaho Power Company2/8/2017
Amy I. Shaw*Vice President of Finance, Compliance, and Risk of IDACORP, Inc. and Idaho Power Company12/23/2023
*Change in control agreement does not include 13th-month trigger or tax gross-up provisions.