Company: LGN
Filing Date: 2025-11-03
Form Type: DRS
Source: 0001193125-25-262782
Chunk: 172

Company: Legence Corp.
Filing Date: 2025-11-03
Form: DRS
Chunk 172
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2026. If Mr. Butz’s employment is terminated without Cause or he resigns for Good Reason (as such terms are defined in his employment agreement, as more specifically discussed under “—Narrative Description to the Summary Compensation Table and the Grant of Plan-Based Awards Table for the 2024 Fiscal Year—Employment Agreements and Offer Letters”) prior to May 1, 2026, he will be paid the unpaid retention bonus described in the preceding clause (ii) within 60 days following his termination, subject to his execution and non-revocationof a separation agreement containing a general release of claims and other continuing obligations in a form provided by the Company. 116

Confidential Treatment Requested by Legence Corp.

Pursuant to 17 C.F.R. Section 200.83

Long-Term Equity-Based Compensation

Series A Plan. We believe that equity-based compensation (i) is an important component of our executive compensation program and
that providing a significant portion of our named executive officers’ total compensation package in equity-based compensation aligns the incentives of our named executive officers with the interests of our stockholders and with our long-term
corporate success, (ii) enables us to attract, motivate, retain and adequately compensate executive talent, and (iii) provides our named executive officers with a significant long-term interest in our success by rewarding the creation of
stockholder value over time. To that end, on December 16, 2020, the Board of Managers of Legence Parent approved the Legence Parent LLC Series A Incentive Plan (the “Series A Plan”), pursuant to which certain managers and key
employees were granted long-term equity incentive awards designed to promote our interests and incentivize them to remain in our service. The Board of Managers of Legence Parent granted these long-term incentive awards, including to our named
executive officers, in the form of Series A Profits Interests of Legence Parent (“Series A Profits Interests”).

Series A
Profits Interests are intended to qualify as “profits interests” under U.S. federal income tax law and have economic characteristics similar to stock options (e.g., representing the right to share in any increase in the fair market value
of Legence Parent after their respective dates of grant). Each award of Series A Profits Interests under the Series A Plan is generally divided into three tranches, which vest as follows: (i) 60% of the Series A Profits Interests subject to an award