Company: CVLT
Filing Date: 2025-06-25
Form Type: DEF 14A
Source: 0001169561-25-000059
Chunk: 45

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-06-25
Form: DEF 14A
Chunk 45
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 Merrill each have Executive Retention and Severance Agreements. If a change in control of our Company occurs, and within two years the employment of Ms. DiRico or Mr. Merrill is terminated for reasons other than for cause, or if the executive terminates his or her employment for good reason (as defined in the Executive Retention and Severance Agreement), then, subject to the execution of a general release of claims, all equity awards held by the executive will immediately become exercisable or vested, and that executive will be entitled to a lump sum severance payment equal to 12 months of his or her annual base salary at the time of the change in control and health insurance coverage for the executive and his or her dependents for a 12-month period.

#### 45COMMVAULT SYSTEMS, INC. |2025 PROXY STATEMENT
Table of Contents

| COMPENSATION TABLES  |CHANGE IN CONTROL AGREEMENTS |

Estimated Payments and Benefits Upon Termination or Change In Control

The amount of compensation and benefits payable to each NEO has been estimated in the table below as if any termination was effective as of March 31, 2025, the last day of our fiscal year. The actual amounts to be paid out can only be determined at the time of an executive’s separation.

|                                                                                                                             |     | Compensation ($) |     |             |     |           |                         |     |               |                   |     |        |              |     |            |
|                                                                                                                             |     |                  |     | Base Salary |     |    Annual 
      Cash 
 Incentive 
     Bonus | Accelerated             
 Vesting of              
 Restricted              
 Stock &PerformanceStock 
 Units(1)                |     |               | Continuation      
 of Medical        
 Benefits          
 (PresentValue)($) |     |        | Total        
 Compensation 
 and          
 Benefits ($) |     |            |
| Sanjay Mirchandani                                                                                                          |     |                  |     |             |     |           |                         |     |               |                   |     |        |              |     |            |
| Death                                                                                                                       |     |                  |     |           — |     |         — |                         |     | 33,941,748(2) |                   |     |      — |              |     | 33,941,748 |
| Disability                                                                                                                  |     |                  |     |           — |     |         — |                         |     | 33,941,748(2) |                   |     |      —