ACI Worldwide enters new severance agreement with CEO Odilon Almeida

ACI WORLDWIDE, INC.

New Severance Agreement effective April 15, 2022 through April 15, 2025; prior agreement expired March 8, 2022.
If CEO terminated without cause or for good reason (excluding CIC), lump sum of 1.5x base salary plus target bonus.
Eligible for 18 months continued benefits at same after-tax cost, and pro-rata vesting of RSUs and PSUs.
Benefits subject to release of claims and compliance with confidentiality, non-compete, and non-solicitation covenants.

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