Employers Holdings adopts change-in-control severance plan with enhanced benefits for CEO Antonello

Employers Holdings, Inc.

Plan effective August 1, 2021 covers NEOs and select employees designated by the Compensation Committee.
Outside CIC period: NEOs get 125% of salary plus target bonus (200% for CEO Antonello) and COBRA for 15/24 months.
During CIC period: NEOs get 200% of salary plus target bonus (300% for CEO Antonello) and COBRA for 24/36 months.
No excise tax gross-up payments provided; 280G payments subject to reduction if they trigger excise tax.
NEOs join the plan only after their current employment agreements expire and they execute a participation agreement.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.