Hubbell amends change-in-control severance for four execs; new terms on bonus, cause, outplacement

HUBBELL INC

Amended agreements for Gerben Bakker, William Sperry, Katherine Lane; new agreement for Allan Connolly.
Severance lump sum now based on target bonus (2.5x for Bakker/Sperry, 2x for Lane/Connolly) vs prior 3-year average.
Agreements automatically terminate if executive leaves officer role before a change in control.
"Cause" definition expanded to include misuse of confidential info, fraud, code-of-conduct violations, fiduciary breach.
Outplacement capped at $50,000 (max 15% of base salary).

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