other material
confidence high
sentiment neutral
materiality 0.30
SiteOne enters Separation Agreements with five named executive officers
SiteOne Landscape Supply, Inc.
- Agreements with Doug Black, John Guthrie, Briley Brisendine, Scott Salmon, Joseph Ketter and other senior executives.
- Without Cause or Good Reason termination (outside Change in Control): 18 months base salary plus prorated actual bonus.
- For Doug Black, severance also includes target bonus for termination year.
- Within 12 months post-Change in Control: 2x (base salary + target bonus) lump sum plus prorated actual bonus.
- Severance conditioned on signing a general release of claims.