EnerSys enters standard change-in-control severance agreement with President Andrew Zogby

EnerSys

New severance agreement with President Andrew Zogby replaces legacy Alpha employment agreement, effective Dec 28, 2022.
Qualifying termination within 6 months before or 24 months after a change in control triggers lump sum equal to base salary plus target bonus.
Also provides COBRA subsidy for 1 year, full equity vesting, and pro-rata annual incentive payment.
Includes 12-month non-compete and non-solicit of customers and employees post-termination.

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