Company: CRL
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001104659-25-030908
Chunk: 87

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 87
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 stock price, and the named executive’s age. Disability and Life Insurance Separate from the provisions of the Executive Separation Plan or the change in control agreements discussed below, the named executives may be entitled to disability or life insurance proceeds in the event of termination due to such events. For instance, in the event of termination of the U.S.-based named executives as a result of disability, disability insurance could provide, in line with our other employees, up to a maximum additional amount of 100% of salary for up to 13 weeks (short-term disability) and up to 50% of basic monthly earnings up to $25,000 per month (core long-term disability—maximum benefit of $12,500/ month). In the event of termination of the named executives as a result of death, additional life insurance payments could provide a maximum additional amount to the named executives’ beneficiaries as follows: Mr. Foster, $12,197,000; Ms. Pease, $4,000,000; Ms. Creamer, $2,000,000; Ms. Girshick, $5,393,000; and Mr. LaPlume $3,825,000 (inclusive of amounts payable as a result of the pre-retirement death benefit pursuant to our Deferred Compensation Plan). The total termination compensation described below does not include these amounts. Severance Plans Under our Executive Separation Plan, a corporate executive whose employment is terminated by us for reasons other than cause, voluntary resignation, disability, early or normal retirement, or death, and who has not been offered a comparable position (as defined under the Executive Separation Plan) with us, as of fiscal 2024, is entitled to receive a severance payment in accordance with the following table:

| ​ |   |   |   |                                    | ​ | ​ | ​ | ​                                                     |   |   |   |                                                       |   |   |   |                                          | ​ | ​ | ​ | ​ | ​ |
| ​ | ​ | ​ | ​ | ​                                  | ​ | ​ | ​ | Years of Completed Company Service at Separation Date |   |   |   |                                                       |   |   |   |                                          | ​ | ​ | ​ | ​ | ​ |
| ​ | ​ | ​ | ​ | ​                                  | ​ | ​ | ​ | Less than 2 years                                     | ​ | ​ | ​ | 2 years to 5 years                                    | ​ | ​ | ​ | 5 years or more                          | ​ | ​