Pyxus adopts Executive Severance Plan for CEO and officers with 2x/1.5x multiples

PYXUS INTERNATIONAL, INC.

CEO Severance Multiplier 2x; other executives 1.5x base salary plus target bonus.
Triggered by termination without Cause or for Good Reason; requires signed release and non-solicitation.
Within 12 months post-Change in Control, CEO gets 2x target bonus, others 1.5x.
Plan benefits reduce by any other severance amounts from agreements or statute.

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