Company: EME
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015031
Chunk: 65

Company: EMCOR Group, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 65
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 benefits continuation under his/her severance agreement as described commencing on page 27to which he/she would have been entitled if his/her employment had been terminated on December 31, 2024 by the Company without cause, by him/her for good reason, or upon his/her death or disability, (b) the value as of December 31, 2024 of (i) shares issuable to him/her in respect of his/her restricted stock units and (ii) his/her pro rata performance-based cash incentive awards under our LTIP, in each instance, that he/she would have been entitled to upon termination of his/her employment on December 31, 2024 by the Company without cause, by him/her for good reason, or upon his/her death or disability or retirement, and (c) the value of his/her account under the Company’s Voluntary Deferral Plan as of December 31, 2024 to which he/she would be entitled upon his/her termination of employment on that date. The value of the shares has been calculated by multiplying the number of such shares by the closing price on the New York Stock Exchange of a share of our Common Stock on December 31, 2024 ($453.90). The value of benefits continuation is based on the Company’s estimate of the cost of providing (a) healthcare coverage for the named executive officer and his/her eligible dependents for an 18-month period under his/her current plan option and coverage level and (b) life insurance and accidental death and dismemberment insurance equivalent to his/her current group coverage for 12 months. The cash payment in respect of the LTIP performance-based cash incentive awards assumes that for each relevant measurement period ending after December 31, 2024, actual earnings per share equaled the targeted earnings per share objective for such measurement period, and the cash payment in respect of the performance-based annual incentive award included in clause (a) of the first sentence of this paragraph assumes the achievement of targeted levels. With respect to Messrs. Pompa and Matz, the amounts below reflect the amounts payable to them based upon their termination of employment on April 1, 2024 (although Mr. Pompa’s payments were delayed until after his part-time employment ended on June 28, 2024). The value of the shares issued to Messrs. Pompa and Matz has been calculated by multiplying the number of such shares by the closing price on the New York Stock Exchange of a share of our Common Stock on June 28