Company: PRSU
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0000950170-25-052380
Chunk: 41

Company: Pursuit Attractions & Hospitality, Inc.
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 41
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 section of this CD&A and below under “Potential Payments upon Employment Termination or Change in Control” in the Executive Compensation section of this Proxy Statement. Pursuant to the Ingersoll Transition Agreement, in the event of an involuntary, not-for-cause termination (or upon the termination of her advisory period on March 31, 2025) not in connection with a change in control, Ms. Ingersoll was entitled to receive benefits consistent with those set forth in the Pay Continuation Policy, as described below under “Potential Payments upon Employment Termination or Change in Control” in the Executive Compensation section of this Proxy Statement, and a prorated cash bonus for 2025, based on actual Company performance. Her termination of employment on March 31, 2025 constituted a termination without cause for purposes of the Ingersoll Transition Agreement and she received the benefits described in this paragraph and below under “Potential Payments upon Employment Termination or Change in Control” in the Executive Compensation section of this Proxy Statement. The Ingersoll Transition Agreement was amended effective March 2025 to provide for $14,294 in additional cash severance in lieu of certain other benefits.

CAO Transition Arrangement

Ms. Striedel entered into a transition agreement with the Company effective as of the Closing Date (the “Striedel Transition Agreement”), providing that effective June 30, 2025, Ms. Striedel will cease serving as the Chief Accounting Officer. As of the Closing Date, Ms. Striedel continued to be a participant in the Executive Severance Plan in the event of a change in control of the Company, as described above in the “Post-Termination Compensation and Benefits – Change in Control Severance” section of this CD&A and below under “Potential Payments upon Employment Termination or Change in Control” in the Executive Compensation section of this Proxy Statement. Pursuant to the Striedel Transition Agreement, in the event of an involuntary, not-for-cause termination (or the cessation of her service as Chief Accounting Officer on June 30, 2025) not in connection with a change in control, Ms. Striedel is entitled to receive cash severance in an amount equal to 11.3 months of her base salary and benefits otherwise generally consistent with those set forth in the Pay Continuation Policy, as described below under “Potential Payments upon Employment Termination or Change in Control” in the Executive Compensation section of this Proxy Statement and a prorated cash bonus for 2025, based on