Tredegar enters CIC severance agreements with CFO Edwards and GC Donnelly

TREDEGAR CORP

Agreements provide 2.0x severance multiple (salary + target bonus) for termination near CIC; 1.0x otherwise.
Executives include D. Andrews Edwards (EVP, CFO) and Kevin C. Donnelly (VP, General Counsel, Corporate Secretary).
Benefits include full acceleration of unvested equity and cash-based long-term incentive awards.
COBRA premium payment equal to severance multiple times annual health plan cost also provided.

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