Executive Severance Agreement Participant Schedule for Named Executive Officers

Contract Categories: Human Resources › Severance Agreements
Summary

This document lists current executive officers who have entered into Executive Severance Agreements with the company. For each officer—Kyle Hanson, Michael Jeppesen, Amy M. Klimek, Todd Spaletto, and Michael D. Stornant—it specifies key severance terms: a salary multiplier of 2, a termination period of 2 years, and a change of control continuation period of 24 months. These terms outline the compensation and benefits each executive would receive if their employment is terminated or if there is a change in company control.

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EX-10.8 4 a2019-q4exhibit1010sev.htm EXHIBIT 10.8 PARTICIPANT SCHEDULE Exhibit

Exhibit 10.8


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)
 
 
 
 
 
 
 
Kyle Hanson
 
2
 
2 years
 
24 months
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