Alico grants severance benefits to execs Sampel and Heine

ALICO, INC.

James Sampel gets 1-year base salary plus health benefits if terminated without cause or for good reason after change in control.
Bradley Heine's employment agreement amended to add same severance: 1-year base salary and 12-month health benefits.
Both severance packages require release of claims and compliance with restrictive covenants including 12-month noncompete.
Heine Amendment does not alter other terms of his August 2023 employment agreement.

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