Kirby Corp enters change of control agreements with 4 executives

KIRBY CORP

CEO David Grzebinski receives 2.99x highest base salary + 2x target bonus; other three get 2x salary + 2x bonus.
CIC period starts when definitive acquisition agreement signed, ends 2 years after CIC consummation.
Performance equity awards vest at greater of target or actual performance; non-performance awards governed by plan terms.
Non-solicitation/non-compete: 36 months for Grzebinski, 24 months for Kumar, O'Neil, Husted.
Severance conditioned on signing release of claims and compliance with confidentiality, non-disparagement covenants.

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