Xcel Energy Senior Executive Severance and Change-in-Control Policy Amended Schedule I

Contract Categories: Human Resources › Severance Agreements
Summary

This document is an amended schedule to Xcel Energy's Senior Executive Severance and Change-in-Control Policy, listing senior executives eligible for severance and change-in-control benefits. It specifies the names, tiers, and the multiples used to calculate severance and change-in-control compensation for each executive. The policy outlines the compensation these executives would receive if their employment ends under certain circumstances, such as a company change in control or involuntary separation.

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EX-10.28 5 a05-4263_1ex10d28.htm EX-10.28

EXHIBIT 10.28

 

XCEL ENERGY SENIOR EXECUTIVE SEVERANCE AND CHANGE-IN-CONTROL POLICY

 

Xcel Energy established, effective as of October 22, 2003, a separation compensation policy known as the Xcel Energy Senior Executive Severance and Change-in-Control Policy, which is filed as Exhibit 10.15 to this Form 10-K.  Following is an amended Schedule I to that policy.

 

 


 

SCHEDULE I

 

Participants

 

Employee Name

 

Tier

 

Severance Multiple

 

Change-in-Control
Multiple

Fowke III, Benjamin

 

1

 

2

 

3

Gogel, Raymond

 

1

 

2

 

3

Hart, Cathy

 

1

 

2

 

3

Johnson, Gary

 

1

 

2

 

3

Kelly, Richard

 

1

 

2

 

3

Lesher, Cynthia

 

1

 

2

 

3

Madden, Teresa

 

2

 

2

 

2

Sparby, David

 

2

 

2

 

2

Tyson II, George

 

2

 

2

 

2

Vincent, Patricia

 

1

 

2

 

3

Wilks, David

 

1

 

2

 

3