Company: CENX
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001552781-25-000153
Chunk: 48

Company: CENTURY ALUMINUM CO
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 48
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 to adjust such performance goals to reflect changes in circumstances that occur after the goals are established, or to reduce or increase the amount of the payment and/or vesting of an award relative to the pre-established performance goals. Dividends and dividend equivalents.Rights to dividends and dividend equivalents, if any, may be made a part of certain awards, other than with respect to options and SARS, subject to such terms, conditions and restrictions as the Compensation Committee may establish. Any crediting of dividends or dividend equivalents will be subject to the same restrictions and conditions as the underlying award. Dividends or dividend equivalents credited with respect to awards subject to the achievement of performance goals will be paid only to the extent the award vests and the performance goals are achieved, and dividends or dividend equivalents with respect to any award subject to a time-based vesting schedule will be paid only to the extent the award vests. Cash-based awards.Awards denominated in cash may be granted under the Plan, or under other multi-year bonus plans or incentive plans established under the Plan, that may be earned and payable based on such terms as the Compensation Committee may determine, including the satisfaction of performance criteria designated by the Compensation Committee. Other incentive awards.The Compensation Committee may grant other types of awards under the Plan whose value, in whole or in part, is based on the Company’s common stock or other factors. Participant Termination Provisions Each participant’s award agreement will specify the treatment of the award in the event of the participant’s termination of employment (or service as a non-employee director), as determined by the Compensation Committee at the time of grant. Generally, the Company’s award agreements provide that awards will be forfeited and will not be paid if the awards or portions thereof remain unvested or subject to restriction or forfeiture as of the date a participant’s employment or service as a non-employee director with the Company ceases, except if a participant’s employment or service as a non-employee director with the Company ends due to death, disability, retirement or in the event of a change in control. Adjustments In the event of a corporate transaction involving the Company, such as, among other things, a stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation or spin-off, the Compensation Committee may substitute or adjust outstanding awards as it deems appropriate in order to prevent dilution or enlargement of participants’ rights under the Plan. The Compensation Committee also may make adjustments in its discretion to the terms and conditions of awards in recognition of certain unusual or