Sturm, Ruger enters new severance agreements with three named executive officers

STURM RUGER & CO INC

New severance agreements with Thomas A. Dineen, Kevin B. Reid, Sr., and Shawn C. Leska replace prior 2008 agreements.
Pre-change-in-control termination without cause or for good reason: 18 months base salary lump sum, prorated RSU vesting, medical up to 18 months.
Post-change-in-control termination within 24 months: 24 months Annual Compensation lump sum, full RSU vesting, medical up to 24 months.
Agreements have one-year initial term, auto-renew annually unless 360 days' notice to terminate.

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