other material
confidence high
sentiment neutral
materiality 0.30
Aon amends Leadership Performance Program to add share price hurdles and revise vesting terms
Aon plc
- Committee can now choose additional performance measures beyond cumulative adjusted EPS, including share price hurdles.
- Retirement and involuntary termination vesting protection now requires termination at least one year after grant date.
- Retirement vesting provisions may allow continued eligibility for full vesting rather than pro rata in certain circumstances.
- Program is a sub-plan of the 2011 Incentive Plan; awards consist of performance share units over three-year cycles.
- Amended and restated effective January 1, 2024; approved by Compensation Committee on March 21, 2024.