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. Mariellen Dugan, Senior Vice President and General Counsel Two times the sum, of (x) her then annual base salary and (y) the average of her annual bonuses paid or payable with respect to the last three calendar years ended prior to the Change of Control (“2x”). Kathleen T. Ellis, Senior Vice President, Corporate Affairs2x Glenn C. Lockwood, Senior Vice President and Chief Financial Officer2x Stephen D. Westhoven, Senior Vice President, NJR Energy Services Company2x
EX-10.6(A) 3 njrex106a.htm EXHIBIT 10.6(A) WebFilings | EDGAR view
Exhibit 10.6(a)
Schedule of Employment Continuation Agreements of Named Executive Officers dated September 30, 2010.
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. |
Mariellen Dugan, Senior Vice President and General Counsel | Two times the sum, of (x) her then annual base salary and (y ) the average of her annual bonuses paid or payable with respect to the last three calendar years ended prior to the Change of Control (“2x”). |
Kathleen T. Ellis, Senior Vice President, Corporate Affairs | 2x |
2x | |
Stephen D. Westhoven, Senior Vi ce President, NJR Energy Services Company | 2x |
