TechnipFMC renews severance agreements for CEO, CFO, and other officers

TechnipFMC plc

Double-trigger severance: termination without cause or constructive termination within 24 months of change of control.
CEO and CFO: 3x base salary plus 3x average bonus; other officers: 2x base salary plus 2x average bonus.
Health coverage for 36 months (CEO/CFO) or 24 months (other officers) after qualifying termination.
Agreements have no expiration date; approved by Compensation Committee on January 29, 2024.

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