IDACORP, Inc. and Idaho Power Company Executive Officers Amended and Restated Change in Control Agreements (as of February 18, 2021)

Summary

This agreement outlines the terms for executive officers of IDACORP, Inc. and Idaho Power Company in the event of a change in company control. It lists the executives covered, their titles, and the dates of their agreements. The agreement specifies that certain executives do not receive a 13th-month trigger or tax gross-up rights. The main purpose is to define the protections and benefits for these executives if the company undergoes a significant ownership or control change.

EX-10.25 3 ida123120ex1025.htm EX-10.25 Document

Exhibit 10.25

IDACORP, Inc. and/or Idaho Power Company Executive Officers

with Amended and Restated Change in Control Agreements

(as of February 18, 2021)

Name

Title

Date of Agreement

Ryan Adelman*

Vice President of Power Supply of Idaho Power Company

10/5/2019

Brian R. Buckham*

Senior Vice President and General Counsel of IDACORP, Inc. and Idaho Power Company

4/4/2016

Mitch Colburn*

Vice President of Planning, Engineering and Construction of Idaho Power Company

8/6/2020

Sarah E. Griffin*

Vice President, Human Resources of Idaho Power Company

10/5/2019

Lisa A. Grow

President and Chief Executive Officer of IDACORP, Inc. and Idaho Power Company

12/12/2008

James Bo D. Hanchey*

Vice President, Customer Operations and Chief Safety Officer of Idaho Power Company

10/5/2019

Steven R. Keen

Senior Vice President and Chief Financial Officer of IDACORP, Inc. and Idaho Power Company

12/30/2008

Jeffrey L. Malmen

Senior Vice President of Public Affairs of IDACORP, Inc. and Idaho Power Company

12/8/2008

Kenneth W. Petersen*

Vice President, Chief Accounting Officer and Treasurer of IDACORP, Inc. and Idaho Power Company

5/20/2010

Adam Richins*

Senior Vice President & Chief Operating Officer of Idaho Power Company

2/8/2017

*Change in control agreement does not include 13th-month trigger or tax gross-up rights.