Company: EME
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015031
Chunk: 87

Company: EMCOR Group, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 87
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ification of Ernst & Young LLP as the Company’s independent auditors for 2025. 59 PROPOSAL NO. 4 — APPROVAL OF FIRST AMENDMENT TO AMENDED & RESTATED 2010 INCENTIVE PLAN Our 2010 Incentive Plan was initially approved by stockholders on June 11, 2010, following the plan’s adoption by our Board of Directors and an amended and restated version of the 2010 Incentive Plan was again approved by stockholders on June 11, 2020. Under the terms of the 2010 Incentive Plan, no awards may be granted after June 11, 2025. As a result, our Board of Directors has adopted an amendment to the 2010 Incentive Plan that would extend the term of the 2010 Incentive Plan by an additional five (5) years, until June 5, 2030, subject to stockholder approval (the “Amendment”). Our 2010 Incentive Plan has allowed us to attract and retain directors and key employees through the granting of equity and cash-based awards, which motivates these individuals to exert their best efforts on behalf of the Company and its affiliates. Extending the term of the 2010 Incentive Plan by an additional five (5) years by adopting the Amendment would allow us to continue to grant awards in furtherance of these objectives. This proposal asks stockholders to approve the Amendment, which would extend the term of the 2010 Incentive Plan for five (5) additional years, until June 5, 2030. Stockholders are not being asked to approve an increase in the number of shares available for grant under the 2010 Incentive Plan. The complete text of the Amendment and the 2010 Incentive Plan is attached as Exhibit B to this Proxy Statement. The following description of certain key provisions of the Amendment and the 2010 Incentive Plan is a summary, does not purport to be complete, and is qualified in its entirety by reference to the provisions of the Amendment and the 2010 Incentive Plan included elsewhere in this proxy statement. We refer to the 2010 Incentive Plan, as amended by the Amendment, as the “Amended Plan.” Purpose Our Board of Directors adopted the Amended Plan in order to give us maximum flexibility in granting equity awards to our non-employee directors and equity and cash-based awards to key employees. We believe that the