Transcat grants enhanced change-in-control severance to CEO, CFO, SVP HR

TRANSCAT INC

CEO Rudow gets 24 months salary/bonus/benefits; CFO Barbato 12 months; SVP Conroy 6 months on qualifying termination after change in control.
All unvested equity awards vest immediately upon qualifying termination; option exercise periods extended for full term.
Change in control defined as merger, board change, >25% tender offer/ownership, or asset sale; transition period is 24 months.
Company states no imminent change in control; agreements intended to retain key officers and assure continuity if one occurs.

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