T. Marzetti (Lancaster Colony subsidiary) exec Dave Nagle departs, severance agreed.
MARZETTI CO
David S. Nagle resigns from T. Marzetti Company; employment ends Feb 28, 2023.
Severance includes 12 months base salary, prorated FY2023 bonus, accelerated vesting of 2/3 of certain restricted stock and SARs, and 1/3 of performance units.
Monthly medical/dental premium payments for up to 12 months or until new employer offers coverage.
Severance contingent on satisfactory transition services and execution of mutual release.
Nagle agrees to confidentiality and non-disparagement covenants.
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