DMC Global CFO adopts severance plan with 1x base salary multiple; CIC provides 1x base plus target bonus

DMC Global Inc.

CFO Eric Walter entered a participation agreement under new Executive Severance Plan effective Feb 26, 2025, replacing prior offer letter severance.
Non-CIC termination: 1x Base Salary plus any earned but unpaid prior bonus; equity awards get accelerated vesting in certain cases.
CIC-related termination: 1x Base Salary plus Target Bonus plus pro rata bonus; equity awards accelerate if not assumed in change of control.
Plan is a top-hat, unfunded ERISA plan for select executives; severance and CIC multiples are each capped at 3x applicable compensation.

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