leadership
confidence high
sentiment neutral
materiality 0.30
SL Green extends General Counsel Levine's term to Jan 2028; base salary $600k, bonus up to 300%
SL GREEN REALTY CORP
- Andrew Levine extended as Chief Legal Officer and General Counsel through Jan 1, 2028, retroactive to Jan 1, 2025.
- Base salary of $600,000 per year; annual cash bonus opportunity up to 300% of base (50-150% formulaic, rest discretionary).
- Annual time-based LTIP grant target value at least $1,450,000; vesting ratably over remaining term.
- Severance: on termination without cause/for good reason receives 1x salary+avg bonus (2x with CIC), pro-rata bonus, equity acceleration, benefit continuation.
- Restrictive covenants: non-compete for 6 months post-termination (unless term expires), non-solicitation, non-disparagement.