KBR, Inc. amended its severance and change-in-control agreements with six top executives, including CEO Stuart Bradie and CFO Shad Evans. The amendments expand the definitions of 'Good Reason' and refine 'Cause' termination. A key change increases the cash severance multiple for non-CEO executives from 1.0x to 1.5x of base salary plus target bonus. New retirement eligibility criteria and pro-rata RSU vesting provisions were also added.
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