Executive Continuity Agreement Schedule for Key Officers

Contract Categories: Human Resources › Change of Control Agreements
Summary

This document lists key executives of the company and specifies the number of years of compensation each is entitled to receive if there is a change of control. The agreement ensures that these executives, including the CEO, CFO, and other vice presidents, will receive between one and three years of compensation if their employment is affected by such an event. The schedule provides clarity on the company's commitment to its leadership team during potential transitions.

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EX-10.11.B 3 l99161aexv10w11wb.txt EX-10.11(B) CONTINUITY AGREEMENT . . . Exhibit 10.11(b) Schedule of Executive with Continuity Agreements
Title Name Years/Comp* - ----- ---- ----------- Chairman of the Board, President and Thomas A. Waltermire 3 Chief Executive Officer Group Vice President, V. Lance Mitchell 3 Global Plastics Vice President and General Manager, Elastomers John E. Quinn 3 and Performance Additives Vice President and General Manager, Distribution Michael L. Rademacher 3 Vice President, Chief Legal Officer and Secretary Wendy C. Shiba 3 Vice President and Chief Human Resources and Kenneth M. Smith 3 Information Officer Vice President and W. David Wilson 3 Chief Financial Officer Vice President and General Manager, Bernard Baert 2 International Compounds & Colors Vice President and General Manager, Specialty Denis L. Belzile 2 Resins and Formulators Vice President and General Manager, David Quester 2 Engineered Films 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.