Sysco Corporation Executive Relocation Expense Reimbursement Policy (Adopted October 26, 2010)
Sysco Corporation's Executive Relocation Expense Reimbursement Policy applies to its top executives, including the CEO, CFO, President, COO, Executive Vice Presidents, and other designated officers. The policy states that the company will not cover any loss from the sale of an executive's home due to relocation. Only certain pre-approved relocation expenses, such as moving costs, real estate fees, closing costs, and up to six months of temporary housing, are eligible for additional payments to cover related taxes. The policy also requires executives to repay these reimbursements if they leave the company within a specified period, except in cases of death, disability, company change of control, or termination without cause or for good reason.
Executive Relocation Expense Reimbursement Policy
(As adopted on October 26, 2010)