Ecovyst grants CEO, CFO, GC 24-month severance with 2x target bonus

Ecovyst Inc.

CEO Kurt Bitting receives 24-month salary continuation, pro-rated bonus, and cash payment of 2x target bonus upon qualifying termination.
CFO Michael Feehan receives identical severance terms: 24-month salary continuation, pro-rated bonus, 2x target bonus cash payment.
GC Joseph Koscinski's amended agreement removes post-change-in-control limitation; now eligible for same severance as CEO/CFO.
All severances conditioned on release of claims and compliance with 2-year non-compete and non-solicitation covenants.
Agreements dated December 16, 2022; severance payments in lieu of any other company severance plan.

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