Executive Severance Agreement Participant Schedule for Named Executive Officers

Contract Categories: Human Resources › Severance Agreements
Summary

This document lists executive officers who have entered into Executive Severance Agreements with the company. For each officer, it specifies the salary multiplier (2x), the termination period (2 years), and the change of control continuation period (24 months). These terms outline the severance benefits each executive would receive if their employment is terminated or if there is a change of control at the company.

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EX-10.11 3 a2015-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
Melissa A. Howell
 
2
 
2 years
 
24 months
Michael Jeppesen
 
2
 
2 years
 
24 months
Michael D. Stornant
 
2
 
2 years
 
24 months
Richard J. Woodworth
 
2
 
2 years
 
24 months