Company: ONEW
Filing Date: 2025-01-10
Form Type: DEF 14A
Source: 0001772921-25-000007
Chunk: 41

Company: OneWater Marine Inc.
Filing Date: 2025-01-10
Form: DEF 14A
Chunk 41
---
 reason and certain terminations in connection with a change of control of the Company. These arrangements are further described under the section below entitled “Potential Payments Upon Termination or Change in Control.”

Each Named Executive Officer is subject to a general non-competition and non-solicitation clause for periods of one year and two years, respectively, following termination of employment as well as general non-disparagement, nondisclosure and assignment of development clauses. Due to the competitive nature of our industry, the compensation committee believes these severance and change in control provisions are key components of our executive compensation program and are essential to our ability to recruit and retain talent.

#### Other Benefits
Employee Benefits . We offer a comprehensive array of benefits to our employees, including our Named Executive Officers. These benefits are offered in order to attract and retain employees. Subject to the terms of any applicable plans, policies or programs, each Named Executive Officer is entitled to receive employee benefits, including any and all vacation, deferred compensation, wellness benefits, retirement, health and welfare insurance as we may provide from time to time to salaried employees generally. We also maintain term life insurance for each Named Executive Officer for the benefit of such executive’s estate.

Retirement Benefits . We currently maintain a retirement plan intended to provide benefits under section 401(k) of the Internal Revenue Code whereby employees, including our Named Executive Officers, are allowed to contribute a portion of their base salaries to a tax-qualified retirement account. We provide discretionary matching contributions in amounts determined annually by our management. In fiscal year 2024, matching contributions were made to our Named Executive Officers equal to 50% of the Named Executive Officers' deferral up to 4% of the Named Executive Officers' compensation, subject to applicable nondiscrimination limitations imposed by the Internal Revenue Code. The amount of the contributions made on behalf of our Named Executive Officers for fiscal year 2024 are disclosed in the notes to the Summary Compensation Table.

#### Outreach and Say on Pay Vote
At our 2024 Annual Meeting, our stockholders voted, on a non-binding, advisory basis, to approve the compensation paid to our Named Executive Officers. We value the opinions of our stockholders, and the compensation committee and the Board consider, and will continue to consider, the outcome of stockholder advisory votes, including the vote that will take place at our 2025 Annual Meeting, when we make compensation decisions for our Named Executive Officers. We have engaged with stockholders on a range of topics, including executive compensation, and we will continue such engagement