Limbach adopts executive severance plan with enhanced CIC benefits; new PSU and RSU forms approved

Limbach Holdings, Inc.

Severance plan: CEO gets 1x base salary plus bonus (non-CIC) and 3x (CIC); Senior Leadership Team gets 1x (non-CIC) and 2x (CIC).
COBRA continuation payments for 12 months (non-CIC) or 24-36 months (CIC) for eligible executives.
Equity awards accelerate vesting on CIC Qualifying Termination only; performance awards vest based on latest forecast.
New PSU form tied to relative TSR; new RSU form with time-based vesting; both include restrictive covenants.

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