Company: PRSU
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000950170-25-052380
Chunk: 36

Company: Pursuit Attractions & Hospitality, Inc.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 36
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 in each case, as those terms are defined in the applicable severance agreement. Mr. Barry’s severance agreement was amended effective as of the Closing Date. Mr. Moster’s severance agreement was superseded by a transition agreement effective as of the Closing Date. Mr. Linde’s severance agreement was entered into in connection with his appointment as President of GES and became effective as of June 3, 2024. These arrangements are described under “Other Compensation Actions” below. We have a separate Executive Officer Pay Continuation Policy (the “Pay Continuation Policy”) that may apply to our NEOs in the event of certain involuntary, not-for-cause terminations. We discuss the severance agreements and other arrangements in “Potential Payments upon Employment Termination or Change in Control” in the Executive Compensation section of this Proxy Statement.

Other Compensation Actions

Linde Severance Agreement

Prior to the Transaction, in connection with Mr. Linde’s appointment as President of GES, the Company and Mr. Linde entered into a severance agreement which provided for post-employment termination payments upon an involuntary termination not for “cause” by the Company or a voluntary termination of employment by Mr. Linde for “good reason” (each as defined thereunder), in either case, not in connection with a change in control of the Company, or a termination due to his death or disability. In these scenarios, Mr. Linde would have received the equivalent of one year of his base salary, plus a pro-rata portion of the annual cash incentive granted under the MIP for the year in which the termination occurred, to the extent earned. The receipt of any severance benefits would have been contingent upon Mr. Linde’s execution and non-revocation of a complete release of all claims, waiver of rights and covenant not to sue. Mr. Linde did not receive any severance benefits under this severance agreement in connection with his transition from the Legacy Viad organization in connection with the Transaction, but he received certain benefits described in the “Potential Payments upon Employment Termination or Change in Control” in the Executive Compensation section of this Proxy Statement.

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COMPENSATION DISCUSSION AND ANALYSIS

Transaction Incentive Awards

In connection with the Transaction, Messrs. Linde and Stelmach stepped down from their respective roles with the Legacy Viad organization, effective as of the Closing Date. On October 20,