Orion Group CFO Vasquez signs employment deal: $480K salary, 75% bonus target, 3x severance post-CIC

Orion Group Holdings Inc

Alison G. Vasquez's employment agreement, effective Oct 12, 2026, sets base salary at $480,000/year and target annual bonus at 75% of salary under the NEO Bonus Plan.
Long-term incentive target value ~$675,000/year, mix ~40% restricted shares and 60% performance share units; $1,250/month vehicle allowance plus $50/month phone stipend.
Initial term runs through Dec 31, 2026 and auto-renews each Jan 1; agreement supersedes the May 24, 2025 offer letter under which Vasquez became CFO.
Termination without cause or for good reason brings 12 months of salary continuation, $2,500/month transitional payments for 12 months, vehicle allowance and unpaid bonus.
Within 12 months after a Change in Control: 36 months' base salary lump sum, 3x prior-year bonus, and accelerated vesting of all equity at maximum performance level.

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