Company: TVC
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001376986-25-000056
Chunk: 624

Company: Tennessee Valley Authority
Filing Date: 2025-11-13
Form: 10-K
Item: Item 11
Chunk 624
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,000 245,000 646,000 Deferred Compensation— — — — — Total Value of Potential Payments$853,760 $853,760 $1,653,760 $853,760 $1,332,093 

184

Timothy S. RauschResignationRetirementTermination without Cause or Resignation for Good ReasonTermination with CauseDeath/DisabilitySeverance Plan$— $— $1,161,168 $— $— SERP2,285,412 2,285,412 2,285,412 2,285,412 2,285,412 Restoration Plan— — — — — EAIP696,154 696,154 696,154 696,154 696,154 LTR369,000 369,000 369,000 369,000 543,167 LTP710,500 1,452,166 1,452,166 710,500 1,452,166 Deferred Compensation110,922 110,922 110,922 110,922 110,922 Total Value of Potential Payments$4,171,988 $4,913,654 $6,074,822 $4,171,988 $5,087,821 

Post-Employment Payments for Jeffrey J. Lyash, John M. Thomas, III, and David B. Fountain

Jeffrey J. Lyash(1)Payments for 2025Estimated Payments After 2025Severance Plan$— $— SERP3,755,034 (2)15,020,136 (3)Restoration Plan— — EAIP1,277,024 (4)— LTR995,751 (5)— LTP2,846,739 (4)2,876,611 (6)Deferred Compensation— — Total Value of Payments$8,874,548 $17,896,747 

Notes

(1)  Mr. Lyash retired from TVA on May 1, 2025.

(2)  Represents the first of five SERP benefit installments.

(3)  Represents the sum of the four remaining annual installments.

(4)  The payment is expected to be made in November 2025.

(