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 for a salary multiplier of 2, a termination period of 2 years, and a 24-month continuation period in the event of a change of control. The officers named are Brendan M. Gibbons, Michael Jeppesen, Amy M. Klimek, Michael D. Stornant, and Richard J. Woodworth.
EX-10.11 3 a2016-q4exhibit1011severan.htm EXHIBIT 10.11 PARTICIPANT SCHEDULE Exhibit
Exhibit 10.11
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 M. Gibbons | 2 | 2 years | 24 months | |||
Michael Jeppesen | 2 | 2 years | 24 months | |||
Amy M. Klimek | 2 | 2 years | 24 months | |||
Michael D. Stornant | 2 | 2 years | 24 months | |||
Richard J. Woodworth | 2 | 2 years | 24 months |