Executive Severance Agreement Participant Schedule for Michael Jeppesen

Contract Categories: Human Resources › Severance Agreements
Summary

This document lists key terms for the Executive Severance Agreement between the company and executive officer Michael Jeppesen. Under the agreement, Mr. Jeppesen is entitled to a severance payment calculated as two times his salary, with a termination period of two years and a change of control continuation period of 24 months. These terms apply if his employment ends under specified conditions, such as termination or a change in company control.

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EX-10.13 3 a2013-q4exhibit1013.htm EXHIBIT 10.13 PARTICIPANT SCHEDULE 2013-Q4 Exhibit 10.13


Exhibit 10.13

Exhibit 10.13

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