Balchem adopts executive severance policy and deferred comp match for officers
Balchem's Compensation Committee approved an Executive Severance Policy for executive officers on February 12, 2025, setting cash severance and benefits when officers are terminated without Cause, with enhanced terms within a Change in Control Period. The committee also approved matching officer deferred compensation contributions up to 6% of base salary, consistent with the 401(k) match.
Key points
- Policy adopted February 12, 2025; eligibility requires at least one year of employment before termination without Cause outside a Change in Control Period
- Within a Change in Control Period, involuntary termination triggers cash severance and full acceleration of time-based equity awards, with performance awards deemed achieved at target
- Deferred Comp Plan contributions by executive officers matched in full up to 6% of base salary
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 14, 2025.
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