Concentrix Amends Executive Severance Plan, Boosts Change-of-Control Payouts

Concentrix Corp

Amended Plan provides Level 1A executives two times base salary plus target bonus upon change-of-control termination.
Adds severance for non-change-of-control terminations: sum of base salary and target bonus for Level 1A.
Includes 'best-net' Section 280G cut-back provision to minimize excise tax impact.
COBRA premium reimbursement extended to 24 months for Level 1A and Level 1B participants.
Plan effective July 23, 2026, replaces prior Change of Control Severance Plan.

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