Company: HCKT
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0000950170-25-043233
Chunk: 43

Company: HACKETT GROUP, INC.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 43
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 each subsequent anniversary unless either party gives contrary notice) and currently provides for an annual salary and bonus pursuant to a bonus plan to be adopted by the Board for each fiscal year. The agreement contains provisions regarding confidentiality, non-competition and non-solicitation. The agreement also includes the following provisions:

if Mr. Ramirez is terminated by the Company without cause, or Mr. Ramirez terminates his employment with “good reason,” Mr. Ramirez will be entitled to a severance payment at the rate of his annual salary and benefits for a six-month period from the date of termination;

if Mr. Ramirez finds new employment after termination, the Company may eliminate or reduce such severance payments and benefits;

if Mr. Ramirez’s employment is terminated by the Company without cause or by Mr. Ramirez with “good reason,” in either case in anticipation of in connection with or within one year after a “change of control” (as defined), his salary will be continued for one year, his benefits will be continued for one year (subject to cessation if Mr. Ramirez is entitled to similar benefits from a new employer) and all unvested issued and outstanding equity grants will immediately vest; and

the agreement does not provide for any golden parachute excise tax gross-ups.

<div align='center'>29</div>

(Also see “Compensation Discussion and Analysis – The Elements of Executive Compensation at the Company” on page 15 of this proxy statement).

<div align='center'>POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE OF CONTROL</div>

The tables below quantify (in U.S. dollars) the potential payments upon termination or a change in control of the Company for each of the named executive officers actively employed by the Company at the end of fiscal year 2024. All amounts are calculated assuming (i) a termination date of December 27, 2024 and (ii) the price per share of the Company’s securities was the closing market price as of that date. These payments are subject to the terms of the employment agreements that are summarized under “Narrative Disclosure to Summary Compensation Table and Plan-Based Awards Table” on page 28 of this proxy statement.

| Mr. Fernandez’s Benefits      
 and Payments                  
 Upon Termination              |     | Death 
 ($)   |            |     | Disability 
 ($)        |            |     | By the      
 Company for 
 Cause ($)   |   |     | By the        
 Executive for 
 Good Reason   
 ($)           |            |     | Change of 
 Control   
 ($)       |            |
| Compensation: