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

Contract Categories: Human Resources › Change of Control Agreements
Summary

This document lists the key terms of Change in Control Agreements for several executive officers of South Jersey Industries, Inc., including the CEO, CFO, and other senior leaders. It outlines 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 benefits if a change in control occurs. The agreements provide varying severance and benefit durations depending on the officer's position.

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EX-10.(E)(IV) 2 exhibit10eiv-sjischedu.htm EX-10.(E)(IV) Document

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).
 
NameCapacities in Which Served
Effective
 Date
 of
Agreement
Severance
Multiple of
Base Salary
and Average
Annual Bonus
Duration of Continued Medical
Insurance
         
Michael J. RennaDirector, President and Chief Executive Officer, South Jersey Industries, Inc.1/1/193X3 years
Cielo HernandezSenior Vice President and Chief Financial Officer, South Jersey Industries, Inc.1/14/192X2 years
David Robbins, Jr.Senior Vice President, South Jersey Industries, Inc. and President, SJI Utilities, Inc. 1/1/192X2 years
Steven R. CocchiChief Strategy and Development Officer and Senior Vice President, Strategy and Growth, South Jersey Industries, Inc.1/1/192X2 years
Melissa OrsenSenior Vice President & General Counsel, South Jersey Industries, Inc.1/1/192X2 years