Company: ALIT
Filing Date: 2025-11-24
Form Type: 8-K
Source: 0001193125-25-292066
Chunk: 1

Company: Alight, Inc. / Delaware
Filing Date: 2025-11-24
Form: 8-K
Item: Item 5.02
Chunk 1
---
. Verma’s director term will expire at the Company’s 2028 annual meeting of stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation, or removal. Mr. Verma has not been appointed to any committees of the Board.

In connection with his appointment as the Company’s Chief Executive Officer, the Company, Alight Solutions LLC, a subsidiary of the Company (“ Alight Solutions”), and Mr. Verma entered into an Employment Agreement (the “ Employment Agreement”), dated as of November 19, 2025, providing for (i) an annual base salary of $900,000, (ii) target annual incentive compensation of $1,800,000, (iii) a one-timemake-whole cash bonus of $800,000, (iv) a one-time sign-onequity grant with a grant date value corresponding to the value of certain forfeited equity awards granted to Mr. Verma by his prior employer (up to $2,500,000), and (v) target long-term incentive compensation of $5,400,000 for 2026.

In the event of a termination of Mr. Verma’s employment by Alight Solutions without cause or by Mr. Verma for good reason, Mr. Verma will be entitled to severance benefits consisting of (i) 18 months’ salary continuation payments (or 1.5 times the sum of his salary and target bonus if the termination occurs in connection with a change of control), (ii) a pro-ratedannual bonus for the year of termination based on actual performance, (iii) company-paid COBRA coverage for up to 18 months, (iv) outplacement assistance in accordance with company policy, (v) accelerated vesting of any unvested portion of the sign-onequity grant, and (vi) partial vesting of other outstanding equity awards (or full vesting of such awards if the termination occurs in connection with a change of control).

The foregoing description of the material terms of the Employment Agreement is qualified in its entirety by reference to the full text of the Employment Agreement, which will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the period ending December 31, 2025.

Departure of Mr. Guilmette

Mr. Guilmette’s departure from the Company will be treated as a termination without cause pursuant to the terms of his existing amended and restated employment agreement with the Company and Alight Solutions,