Amentum adopts key-employee severance plan, employment pacts for top execs

Amentum Holdings, Inc.

Executive Chair Demetriou: $1.25M base salary, 100% target bonus, $2.5M annual LTI award; CEO Heller: $1.225M base, 140% target bonus.
COO Arnette: $750K base salary, 100% target bonus; CFO Johnson: $650K base, 100% target bonus. Each eligible for long-term incentives.
RSU grants: Heller $1M, Arnette $750K, Johnson $750K; vest in halves at 18-month and 3-year anniversaries.
Severance multipliers: 1.5x (COO, CFO) for non-CIC; 2x (Exec Chair, CEO) for CIC; plus 12-24 month COBRA/benefits continuation.
Severance Plan covers involuntary terminations (non-Cause/for Good Reason); excise tax cutback applies under Section 280G/4999.

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