COMPENSATIONTABLES Potential Payments UponTerminationorChangeinControlTable VoluntaryTermination–Column(a) RetirementBenefits Mr. SchulmanandMr.Auerbachareretirement-eligibleundertheirrespective2021-2023PBRSUawardagreements. PursuanttothePBRSUawardagreementprovisions,intheeventtheNEOvoluntarilyresigns,hasattainedatleast60years of age and completedatleastfiveyearsofservice(“Retires”or“Retirement”),thePBRSUswouldacceleratevestingona proratedbasisbasedonthenumberoffullmonthsofserviceduringtheperformanceperiodandactualperformance duringtheentireperformanceperiodandwouldbesettledfollowingthecompletionoftheperformanceperiod. Mr. SchulmanandMr.Auerbachwouldalsobeeligibleforproratedvestingofservice-basedRSUsgrantedpriortoJuly1, 2021. If Mr. Schulman and/or Mr. AuerbachRetires,he would receiveproratedvestingof the next trancheof service-based RSUsthatwouldhavevestedfollowinghisRetirement. In addition, Mr. Schulman and Mr. Auerbachare retirement-eligibleunder the ExecutiveLong Term IncentiveProgram (“ELTIP”) portion of our Executive SeverancePlan. The ELTIP providesfor the following benefits becauseeach of Mr. SchulmanandMr.Auerbachhasattainedatleast60yearsofageandcompletedatleastsevenyearsofservice,subject to the NEOprovidingsufficientadvancenoticetotheCompanyandtheretirementhavingtermsandconditionsmutually agreedtobytheCompanyandtheNEO: • Eligibility for continued vesting of all outstanding equity awards, other than the performance-basedCEO PSU Award that theCompanygrantedtoMr.SchulmanonApril1,2018.Anyoutstandingtime-basedrestrictedstockawardswouldbe eligible to continue vesting in accordancewith their original schedule; however, if any such awards were scheduledto vest morefrequentlythanannually,eachscheduledvestingdatenotfallingonananniversaryofthegrantdatewouldbe treatedasthoughthatvestingdatewereonthenextfollowinganniversaryofthegrantdate.AnyoutstandingPBRSUs (other than PBRSUsawardedpursuanttoanAnnualIncentivePlan)wouldremainoutstandingandeligibletovest,based solely on the achievementof the applicableCompanyperformancetargetsfortheapplicableperformanceperiod. • COBRApremiumpayments(orpaymentsinlieuthereof)fortheperiodduringwhichanyequityawardcontinuestovest undertheELTIP. WerefertotheELTIPbenefitsdescribedaboveasthe“ELTIPBenefits.”TheCEOPSUAwardisnoteligibleforanycontinued vestingundertheELTIP.AllcontinuedvestingundertheELTIPissubjecttotheNEOsexecutionofareleaseofclaimsin favor of the CompanyandrequiredattestationsandcompliancewiththerestrictivecovenantssetforthintheExecutive SeverancePlan. InvoluntaryTerminationOtherthanforCause–Column(b) SeveranceArrangementsforInvoluntaryTerminationOtherThanforCauseOutsideaChangein ControlPeriod UnderthetermsoftheExecutiveSeverancePlan,eachNEOiseligibleforseverancepaymentsandbenefitsintheevent that the NEOs employmentwithusisterminatedoutsideofa“changeincontrolperiod,”whichisdefinedasmorethan90 dayspriortoormorethan24monthsfollowinga“changeincontrol”(asdefinedintheEquityPlanandtheInducement Plan, as applicable) of the Company, either (a) by us other than for “cause” or due to “disability” or (b) by the NEO for “good reason”(eachasdefinedintheExecutiveSeverancePlan),subjecttotheNEOsexecutionofareleaseofclaimsinfavorof theCompany,asfollows: • Alumpsumcashpaymentequaltotheproductof(i)thesumofannualbasesalaryandtargetbonusamountand(ii)a multiple (2x for Mr. Schulman and 1.5x for our other NEOs). • Aproratedannualbonusfortheyearofterminationbasedonactualcompanyperformanceandtargetindividual performance(“ProratedIncentiveAward”). • For awardsgrantedpriortoJuly1,2021:acceleratedvestingofservice-basedequityawardsthatwouldhaveotherwise becomevestedpursuanttotheirordinaryvestingschedulewithinthe12monthsfollowingtheemploymenttermination date; performance-basedequityawardssubjecttoaperformanceperiodthatendswithinthe12monthsfollowingthe employmentterminationdatewouldremainoutstandingandeligibletovest,basedsolelyontheachievementofthe Companyperformancetargets.ForawardsgrantedonorafterJuly1,2021:eligibilitytocontinuetovestinservice- basedandperformance-basedequityawardsscheduledtovestwithinthe12monthsfollowingtheemployment terminationdate,subjecttotheNEOsexecutionofareleaseofclaimsinfavoroftheCompanyandrequired attestationsand compliancewiththerestrictivecovenantssetforthintheExecutiveSeverancePlan. • If the NEO is employedby the CompanyintheU.S.,participatesin theCompanyshealthinsuranceprogramandis eligible to continue to participate in the program under COBRA, the Company will provide COBRApremiumpayments for 18 months for Mr. Schulman and 12 months for our other NEOs. 78 •2023ProxyStatement
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