Schedule of Employee Continuation Agreements
EX-10.24(A) 2 njrex1024ascheduleofemploy.htm EXHIBIT 10.24(A) SEPTEMBER 30, 2018 Exhibit
Exhibit 10.24(a)
Schedule of Employment Continuation Agreements of Named Executive Officers dated September 30, 2018.
Name | Termination Benefit |
Laurence M. Downes, President and Chief Executive Officer | Three times the sum, of (x) his then annual base salary and (y) the average of his annual bonuses paid or payable with respect to the last three calendar years ended prior to the Change of Control. |
Stephen D. Westhoven, President and Chief Operating Officer | Two times the sum, of (x) his then annual base salary and (y) the average of his annual bonuses paid or payable with respect to the last three calendar years ended prior to the Change of Control (“2x”). |
Patrick J. Migliaccio, Senior Vice President and Chief Financial Officer | 2x |
Amanda Mullan, Senior Vice President and Chief Human Resources Officer | 2x |
Nancy A. Washington, Senior Vice President and General Counsel | 2x |
