COMPENSATIONTABLES Potential Payments UponTerminationorChangeinControlTable In addition, each NEO would be eligible for the ELTIP Benefits in the event the NEOs employmentwas involuntarily terminatedbytheCompanyduetoajobeliminationorrolerestructuring.Allcontinuedvestingwouldbesubjecttothe NEOsexecutionofareleaseofclaimsinfavoroftheCompanyandrequiredattestationsandcompliancewiththe restrictive covenants set forth in the Executive SeverancePlan. PRO InvoluntaryTerminationwithaChangeinControl–Column(c) XY S T A SeveranceArrangementsforanInvoluntaryTerminationinConnectionwithaChangeinControl TEMENT UnderthetermsoftheExecutiveSeverancePlan,eachNEOiseligibleforseverancepaymentsandbenefitsintheevent that a “changein control” of the Companyoccurredasof December31,2022andtheNEOsemploymentwithus terminateswithinthe“changeincontrolperiod,”either(a)byusotherthanfor“cause”ordueto“disability,”or(b)bythe NEOfor“goodreason,”subjecttotheNEOsexecutionofareleaseofclaimsinfavoroftheCompany,asfollows: • Alumpsumcashpaymentequalto2xthesumofannualbasesalaryandtargetbonusamount. • ProratedIncentiveAward. • Acceleratedvestingofoutstandingequityawards.Iftheterminationoccursduringaperformanceperiodwithrespectto anawardofPBRSUs,suchawardwillbedeemedearnedassumingachievementoftargetperformanceforpurposesof determiningthenumberofawardsthatwillbetreatedasbecomingimmediatelyvested. • If the NEO is employedby the CompanyintheU.S.,participatesin theCompanyshealthinsuranceprogram,andis eligible to continue to participate in the program under COBRA, the Company will provide COBRApremiumpayments or a cash-out paymentin lieu of such payments,for 24 months. UndertheExecutiveSeverancePlan,intheeventanypaymentsorbenefitsconstitute“parachutepayments”withinthe meaningofSection280GoftheInternalRevenueCodeandwouldbesubjecttotheexcisetaximposedbyInternal RevenueCodeSection4999,suchpaymentsorbenefitswouldbereducedtothemaximumamountthatdoesnotresultin theimpositionofsuchexcisetax,butonlyifsuchreductionresultsintheNEOreceivingahighernet-aftertaxamountthan theNEOwouldhavereceivedabsentsuchreduction(the“bestnetpay”provision). ChangeinControl–EquityAwards WehavenotenteredintoanyarrangementswithanyofourNEOstoprovide“singletrigger”changeincontrolpayments. TheEquityPlanandtheInducementPlangenerallyprovidefortheaccelerationofvestingofawardsgrantedundereach respectiveplanuponachangeincontrol(asdefinedintheEquityPlanandtheInducementPlan,asapplicable)ofthe Companyonlyiftheacquiringentitydoesnotagreetoassumeorcontinuetheawards.UnderthetermsoftheEquityPlan andtheInducementPlan,forpurposesofdeterminingpayoutsinconnectionwithorfollowingachangeincontrol,PBRSU performancewillbebasedonapplicableperformancemetricsthroughthedateofthechangeincontrol.Theseprovisions generallyapplytoall holdersof awardsundertheEquityPlanandtheInducementPlan. DeathorDisability–Column(d) SeveranceArrangementsintheEventofDeathorDisability UnderthetermsoftheExecutiveSeverancePlan,intheeventthatanNEOsemploymentterminatesdueto“disability,” theywouldbeeligibleforacceleratedvestingofequityawardsweregrantedpriortoJuly1,2021andthatwouldhave otherwisebecomevestedpursuanttotheirordinaryvestingschedulewithinthe24monthsfollowingtheemployment terminationdate.If a terminationdue to “disability” occurs during a performanceperiod with respectto an award of PBRSUs grantedpriortoJuly1, 2021andscheduledtovestwithinthis24-monthperiod,suchawardwillbedeemedearned assumingachievementoftargetperformanceforpurposesofdeterminingthenumberofawardsthatwillbecome immediatelyvested.Inaddition,theNEOwouldbeeligiblefortheELTIPBenefitsintheeventtheNEOsemployment terminatesdueto“disability.”All continuedvestingwouldbesubjecttotheNEOsexecutionofareleaseofclaimsinfavor of the CompanyandrequiredattestationsandcompliancewiththerestrictivecovenantssetforthintheExecutive SeverancePlan. UnderthetermsoftheExecutiveSeverancePlan,intheeventthatanNEOsemploymentterminatesduetodeath,all outstandingequityawardseligibletocontinuevestingundertheELTIPwouldvestonthedateoftheNEOsdeath.Anysuch acceleratedvestingwithrespecttoPBRSUswouldbebasedontargetachievementoftheapplicableperformancetargets. •2023ProxyStatement 79
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