secwatch.observer — SEC 8-K summary
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Issuer:     Limoneira CO (LMNR)
CIK:        0001342423
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001104659-24-082326
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limoneira approves change in control agreements for CEO, CFO, and management
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- Board approved change in control agreements on July 23, 2024; executed July 24, 2024 with CEO Harold Edwards and CFO Mark Palamountain.
- NEOs receive 200% of base salary as single cash payment plus COBRA for 24 months upon qualifying termination.
- Other management receive 100% of base salary plus COBRA for 12 months.
- Protected period begins 90 days before a change in control and ends 12 months after.
- Payments contingent on execution of release and actual consummation of change in control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342423/000110465924082326/0001104659-24-082326-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342423/000110465924082326/tm2420113d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-082326

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