other material
confidence high
sentiment neutral
materiality 0.45
ICF International amends 'Retirement' definition in 2018 Omnibus Incentive Plan
ICF International, Inc.
- Effective March 7, 2024, Human Capital Committee approved new Retirement definition: age 60+ with 5+ years service.
- New RSU, Performance Share, and CEO RSU award agreements (Exhibits 10.1, 10.2, 10.3) incorporate revised definition.
- Retirement provision allows continued vesting of unvested RSUs and performance shares post-retirement, subject to non-compete conditions.
- Change applies to awards granted on/after March 7, 2024 under the 2018 Omnibus Incentive Plan.
- No severance payable and no competing employment required for continued vesting under Retirement.