Change of Control Agreements for Colin L. Slade, James F. Dalton, and Richard H. Wills
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Change of Control Agreements
Summary
This agreement outlines the terms for Colin L. Slade, James F. Dalton, and Richard H. Wills in the event of a change of control at their company. It specifies the severance benefits they would receive if their employment is terminated following such a change. While Slade and Dalton's agreements follow a standard form, Wills' agreement includes an additional benefit: if terminated, he will receive three times his targeted bonus under the Annual Performance Incentive Plan for the relevant fiscal year.
EX-10.1 2 v15833exv10w1.txt EXHIBIT 10.1 EXHIBIT 10.1 Colin L. Slade and James F. Dalton are parties to Change of Control Agreements in the form filed as Exhibit 10(viii) of Form 10-K dated August 18, 1993, SEC File No. 1-4837. Richard H. Wills' Change of Control Agreement is in the same form except that Mr. Wills change of control severance pursuant to Section 5 (iii)(B) would also include three times his targeted bonus under the Annual Performance Incentive Plan (APIP) for the fiscal year in which notice of termination is given.
