Xerox adopts 2026-2028 Transformation Retention Award Plan for critical talent

Xerox Holdings Corp

Cash-based retention awards vest in 8 equal quarterly installments over 2 years.
Participants include executive officers, senior leaders, and other critical employees; CEO and CFO not expected to participate.
Plan effective July 1, 2026; unvested installments forfeited on termination except after Change in Control.
Committee may accelerate vesting upon Change in Control; full acceleration if termination without Cause or for Good Reason within 12 months post-Change in Control.

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