Executive Severance Agreement Participant Schedule for Named Executive Officers
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Summary
This document lists executive officers who have entered into Executive Severance Agreements with the company. For each officer, it specifies the salary multiplier, termination period, and change of control continuation period. The agreements provide that, in the event of termination or a change of control, each executive is entitled to severance benefits based on a multiplier of their salary for a period of two years or 24 months.
EX-10.10 3 a2017-q4exhibit1010severan.htm EXHIBIT 10.10 PARTICIPANT SCHEDULE Exhibit
Exhibit 10.10
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) | ||||
Michael Jeppesen | 2 | 2 years | 24 months | |||
Amy M. Klimek | 2 | 2 years | 24 months | |||
Todd Spaletto | 2 | 2 years | 24 months | |||
Michael D. Stornant | 2 | 2 years | 24 months | |||
Richard J. Woodworth | 2 | 2 years | 24 months |