Company: TDY
Filing Date: 2025-02-28
Form Type: PRE 14A
Source: 0001193125-25-042748
Chunk: 90

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-02-28
Form: PRE 14A
Chunk 90
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 at 120% of performance (100% in the case of Dr. Roks). |

| • |     | Continued equivalent health and welfare (e.g., medical, dental, vision, life insurance and disability) benefits at our expense for a period of up to 36 months in some agreements (including Dr. Mehrabian and Mr. VanWees) or 24 months in some agreements (including Dr. Roks, Mr. Blackwood and Mr. Bobb) after termination (with the executive bearing any portion of the cost the executive bore prior to the change in control); provided, however, such benefits would be discontinued to the extent the executive receives similar benefits from a subsequent employer. |

| • |     | Removal of restrictions on performance-based restricted stock issued under our restricted stock award programs. |

| • |     | Full vesting under the Company’s pension plans (within legal parameters) such that the executive shall be entitled to receive the full accrued benefit under all such plans in effect as of the date of the change in control, without any actuarial reduction for early payment. |

| • |     | Reimbursement for actual professional outplacement services of up to $25,000 in some agreements (including Dr. Mehrabian and Mr. VanWees) and $15,000 in some agreements (including Dr. Roks, Mr. Blackwood and Mr. Bobb). |

| • |     | Immediate vesting of all stock options, with options being exercisable for the full remainder of the term. |

| • |     | In the event amounts under the agreements constitute an “excess parachute” payment as defined in Section 280G of the Internal Revenue Code, the executive will receive the better of, on an after-tax basis, (a) the unreduced excess parachute payment with no tax gross up payment, or (b) a parachute payment reduced to a level below which an excise tax is imposed. |

For the purposes of the Change in Control Severance Agreement, a “change in control” will generally be deemed to occur if (1) the Company acquires actual knowledge that any person or group of persons acting together has acquired the beneficial ownership of securities of the Company entitling such person to 20% or more of the voting power of the Company, (2) a tender offer to acquire 20% or more of the voting power of the Company is completed, (3) a successful third party proxy solicitation is made relating to the election or removal