Company: LAWIL
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-041831
Chunk: 63

Company: Light & Wonder, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 63
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 | ​                           | $ |    1,578,681 | ​ | ​ |

(a) Solely a change in control for purposes of the 2003 Plan since Mr. Chow is not a participant in the CIC Plan. Mr. Chow’s employment agreement does not provide for enhanced severance in the event of a change in control. (b) Amount reflects 12 months of base salary. Paid over 12 months. (c) Amount reflects pro rata bonus that would have been received for the year of termination (amount shown is actual 2024 bonus). Paid in a lump sum. (d) Amount reflects (i) the cost of continued health coverage under the Company’s insurance under COBRA for 12 months or (ii) in the event of termination due to death, proceeds from life insurance for which the Company pays the premiums. (e) In the case of a termination without cause or for good reason, absent a change in control, reflects an amount equal to base salary for 12 months after termination and pro-rata incentive compensation for the year in which termination occurs. In the case of a change in control for purposes of the 2003 Plan or termination due to death or disability, reflects full vesting of all equity awards upon the change in control or applicable termination event. All applicable performance criteria are assumed to be achieved at “target” levels.

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TABLE OF CONTENTS

Mr. Sottile The following describes the estimated amounts Mr. Sottile would have received if the termination event specified occurred on December 31, 2024:

| ​                                    
 Cash Payments                        | ​ 
 ​ | ​ 
 ​ | VoluntaryResignation 
 ​                    | ​ | ​ | ​ | ​ 
 ​ | ​ 
 ​ | Terminationfor Cause 
 ​                    | ​ | ​ | ​ | ​ 
 ​ | ​ 
 ​ | TerminationWithoutCause orfor GoodReason 
 ​                                        | ​ |             ​ | ​ | ​ 
 ​ | ​ 
 ​ | TerminationWithoutCause orfor GoodReason(w/ Changein Control)(a) 
 ​                                                                | ​ |            ​ | ​ | ​ 
 ​ | ​ 
 ​ | TerminationDue to Death 
 ​                       | ​ |            ​ | ​ | ​ 
 ​ | ​ 
 ​ | TerminationDue toDisability 
 ​                           | ​ |            ​ | ​ | ​ 
 ​ |
|:-------------------------------------|:--|:--|:---------------------|:--|:--|:--