Pool Corp details CEO Peter Arvan separation: 54-week salary, equity vesting, non-compete
POOL CORP
Cash severance: 54 weeks base salary ($910k salary + $35k lieu of notice) plus $64,960 PTO payout.
Equity: up to 55,156 performance-based RSUs and 21,870 restricted shares continue vesting subject to non-compete.
Health insurance premiums reimbursed for 12 months; benefits subject to clawback policy and non-compete, confidentiality, non-disparagement.
Non-compete bars any role in wholesale distribution of pools, spas, supplies, hardscape, landscape, irrigation and related outdoor products until final vesting date.
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