Schedule of Officer Change in Control Agreements for South Jersey Industries, Inc.

Summary

This document lists the key terms of change in control agreements for several executive officers of South Jersey Industries, Inc. It specifies each officer's role, the effective date of their agreement, the severance amount (as a multiple of base salary and average annual bonus), and the duration of continued medical insurance if a change in control occurs. The agreements generally provide for severance of two or three times salary and bonus, and continued medical insurance for two or three years, depending on the officer's position.

EX-10.(E)(IV) 2 exhibit10eiv-sjischeduleof.htm EXHIBIT 10.(E)(IV) Exhibit


Exhibit 10(e)(iv)
SOUTH JERSEY INDUSTRIES, INC.
 
SCHEDULE OF OFFICER AGREEMENTS
 
Pursuant to Rule 12b-31, the following sets forth the material details which differ in the Officer Change in Control Agreements, the form of which is filed herewith as Exhibit 10(e)(iii).
 
Name
Capacities in Which Served
Effective
 Date
 of
Agreement
Severance
Multiple of
Base Salary
and Average
Annual Bonus
Duration of Continued Medical
Insurance
 
 
 
 
 
Michael J. Renna
Director, President and Chief Executive Officer, South Jersey Industries, Inc.
1/1/16
3X
3 years
 
 
 
 
 
Stephen H. Clark
Executive Vice President and Chief Financial Officer, South Jersey Industries, Inc.
1/1/16
2X
2 years
 
 
 
 
 
Kathleen A. McEndy
Senior Vice President and Chief Administrative Officer, South Jersey Industries, Inc.
1/1/16
2X
2 years
 
 
 
 
 
Kenneth A. Lynch
Senior Vice President and Chief Risk Officer, South Jersey Industries, Inc.
1/1/16
2X
2 years
 
 
 
 
 
David Robbins, Jr.
Senior Vice President, South Jersey Industries, Inc.
1/1/16
2X
2 years
 
 
 
 
 
Gregory M. Nuzzo
Senior Vice President, South Jersey Industries, Inc.
1/1/16
2X
2 years
 
 
 
 
 
Steven R. Cocchi
Senior Vice President, Strategy and Growth
1/1/18
2X
2 years
 
 
 
 
 
Melissa Orsen
Senior Vice President & General Counsel
1/1/18
2X
2 years