PolyOne Leadership Team Continuity Agreements – Change of Control Compensation Terms

Contract Categories: Human Resources › Change of Control Agreements
Summary

This agreement outlines the compensation terms for members of the PolyOne Corporation leadership team in the event of a change of control. It lists key executives and specifies the number of years of compensation each is entitled to if their employment is terminated due to a change of control. The agreement ensures financial continuity and security for these executives under such circumstances.

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EX-10.11.B 4 l92591aex10-11_b.txt EX-10.11B Exhibit 10.11(b)
Continuity Agreements PolyOne Leadership Team TITLE NAME YEARS/COMP* - ----- ---- ----------- Chairman of the Board, President and Thomas A. Waltermire 3 Chief Executive Officer Vice President and Diane J. Davie 3 Chief Human Resources Officer Group Vice President, V. Lance Mitchell 3 Plastic Compounds and Colors Group Vice President, Elastomers John E. Quinn 3 and Performance Additives Group Vice President, Distribution Michael L. Rademacher 3 Vice President, Chief Legal Officer Wendy C. Shiba 3 and Secretary Vice President and Kenneth M. Smith 3 Chief Information Officer Vice President and W. David Wilson 3 Chief Financial Officer Vice President, International Bernard Baert 2 (Plastic Compounds & Colors Group) Vice President, Specialty Resins and Denis L. Belzile 2 Formulators Vice President, Chief Environmental Health, Ronald C. Kaminski, Sr. 2 Safety and Quality Officer Vice President, Engineered Films David Quester 2 Vice President and Roger W. Avakian 1 Chief Technology Officer Vice President and Chief Investor and Dennis A. Cocco 1 Communications Officer Vice President and Daniel L. Kickel 1 Chief Sourcing Officer Treasurer John L. Rastetter 1 Controller Gregory P. Smith 1
* Years of compensation payable upon change of control.