Executive Severance Agreement Participant Schedule for Current Executive Officers
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Summary
This document lists current executive officers who have entered into Executive Severance Agreements with the company. It specifies key terms for each officer, including a salary multiplier of 2, a termination period of 2 years, and a change of control continuation period of 24 months. The agreement outlines the severance benefits these executives would receive if their employment is terminated or if there is a change of control at the company.
EX-10.9 3 a2022-q4exhibit109severance.htm EXHIBIT-10.9 PARTICIPANT SCHEDULE Document
Exhibit 10.9
The following current executive officers have entered into Executive Severance Agreements with the Company in the form filed herewith. The information listed below is inserted into the blanks for the respective executive officer’s Executive Severance Agreement.
Salary Multiplier Rate | Termination Period | Change of Control Continuation Period | ||||||||||||||||||
(Section 4(a)(4)) | (Section 1(n)) | (Section 2) | ||||||||||||||||||
Brendan L. Hoffman | 2 | 2 years | 24 months | |||||||||||||||||
Chris E. Hufnagel | 2 | 2 years | 24 months | |||||||||||||||||
Amy M. Klimek | 2 | 2 years | 24 months | |||||||||||||||||
Reginald M. Rasch | 2 | 2 years | 24 months | |||||||||||||||||
Isabel Soriano | 2 | 2 years | 24 months | |||||||||||||||||
Michael D. Stornant | 2 | 2 years | 24 months |