Executive Severance Agreement Participant Schedule between Company and Executive Officers
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Summary
This document lists executive officers who have signed Executive Severance Agreements with the Company. It specifies the severance terms for each officer, including the salary multiplier, the length of the termination period, and the continuation period in the event of a change of control. For example, Blake W. Krueger receives a 3x salary multiplier and 3 years of severance, while Ted S. Gedra and James D. Zwiers each receive a 2x multiplier and 2 years of severance. These terms apply if their employment is terminated under certain conditions.
EX-10.10 2 a2015-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) | ||||
Blake W. Krueger | 3 | 3 years | 36 months | |||
Ted S. Gedra | 2 | 2 years | 24 months | |||
James D. Zwiers | 2 | 2 years | 24 months |