IDACORP, Inc. and Idaho Power Company Executive Change in Control Agreements (as of October 29, 2020)

Contract Categories: Human Resources › Change of Control Agreements
Summary

IDACORP, Inc. and Idaho Power Company have entered into amended and restated change in control agreements with several executive officers. These agreements outline the terms and protections for executives if there is a change in control of the company. Key terms include eligibility for certain benefits upon a qualifying event, with some agreements excluding specific provisions such as a 13th-month trigger or tax gross-up. The agreements are tailored to each executive's role and date of entry, ensuring clarity on their rights and obligations in the event of a company takeover or merger.

Read More Arrow
EX-10.1 2 ida93020ex101.htm EX-10.1 Document



Exhibit 10.1

IDACORP, Inc. and/or Idaho Power Company Executive Officers
with Amended and Restated Change in Control Agreements
(as of October 29, 2020)
NameTitleDate of Agreement
Ryan Adelman*Vice President, Power Supply of Idaho Power Company10/5/2019
Brian R. Buckham*Senior Vice President and General Counsel of IDACORP, Inc. and Idaho Power Company4/4/2016
Mitchel D. 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. Grow**President 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
Steven R. Keen**Senior Vice President and Chief Financial Officer of IDACORP, Inc. and Idaho Power Company12/30/2008
Jeffrey L. Malmen**Senior Vice President of Public Affairs of IDACORP, Inc. and Idaho Power Company12/8/2008
Kenneth W. Petersen*Vice President, Chief Accounting Officer and Treasurer of IDACORP, Inc. and Idaho Power Company5/20/2010
Adam Richins*Senior Vice President and Chief Operating Officer of Idaho Power Company2/8/2017
*Change in control agreement does not include 13th-month trigger or tax gross-up provisions.
**Change in control agreement does not include tax gross-up provisions.