other
confidence high
sentiment neutral
materiality 0.15
Nordson adopts Executive Severance Policy effective November 1, 2025
NORDSON CORP
- Policy provides severance benefits for US-based executive officers on qualifying termination outside change-in-control period.
- Benefits include lump-sum salary, prorated bonus, COBRA for 12 months, outplacement up to $10,000, and equity per plan.
- CEO Sundaram Nagarajan excluded due to existing employment agreement with separate severance terms.
- Severance conditioned on release of claims and compliance with non-compete, non-solicitation, and confidentiality covenants.
- Policy administered by Compensation Committee; subject to amendment/termination with no impairment of existing qualifying terminations.
item 5.02item 9.01