Company: TVC
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001376986-25-000056
Chunk: 537

Company: Tennessee Valley Authority
Filing Date: 2025-11-13
Form: 10-K
Item: Item 7
Chunk 537
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 covered a performance cycle for which the participant had received an LTP grant, provided that the amount of any such LTP award (a) will be calculated assuming that the percent of opportunity achieved is 100 percent of target and (b) will be prorated based on the number of whole months the participant was participating in the plan during the applicable performance cycle.

•LTP Payment in Event of Disability.  The LTIP provides that if a participant separates from service due to a disability, the participant is entitled to (1) any LTP award that had vested at the time of the participant's separation from service but not been paid and (2) any LTP awards that had not vested at the time of the participant's separation from service and that covered a performance cycle for which the participant had received an LTP grant, provided that the amount of any such LTP award (a) will be calculated assuming that the percent of opportunity achieved is 100 percent of target and (b) will be prorated based on the number of whole months the participant was employed by TVA during the applicable performance cycle.

In addition to the amounts set forth in the termination tables, all NEOs would also be entitled to payments from plans generally available to TVA employees under the specific circumstances of termination of employment, including the health and welfare and pension plans and amounts in the 401(k) plan.

Donald A. MoulResignationRetirementTermination without Cause or Resignation for Good ReasonTermination with CauseDeath/DisabilitySeverance Plan$— $— $2,520,000 $— $— SERP(1)1,861,040 1,861,040 1,861,040 1,861,040 1,861,040 Restoration Plan— — — — — EAIP1,411,271 1,411,271 1,411,271 1,411,271 1,411,271 LTR961,667 961,667 961,667 961,667 1,428,334 LTP(2)1,396,500 1,396,500 3,846,500 1,396,500 3,846,500 Deferred Compensation— — — — — Total Value of Potential Payments$5,630,478 $5,630,478 $10,600,478 $5,