Company: LGN
Filing Date: 2025-09-02
Form Type: S-1/A
Source: 0001193125-25-193346
Chunk: 206

Company: Legence Corp.
Filing Date: 2025-09-02
Form: S-1/A
Chunk 206
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i) 12 months of salary continuation (1 times his annual base salary of $411,930), and                                                                                           
 (ii) a pro-rated annual bonus for 2024. Because this table assumes that Mr. Barnes was terminated without cause or resigned for good reason on December 31, 2024, the amount of             
 Mr. Barnes’ pro-rated annual bonus for 2024 is the full amount of his earned 2024 bonus (which was $179,920). Mr. Barnes is also entitled to any earned, but unpaid, annual bonus for 2023; 
 however, Mr. Barnes had already received his 2023 bonus as of December 31, 2024.                                                                                                            |

147

| d. | Mr. Seki—6 months of salary continuation (one half (0.5) times his annual base salary of $403,650).                                                        
 Mr. Seki is also entitled to any earned, but unpaid, annual bonus for 2023; however, Mr. Seki had already received his 2023 bonus as of December 31, 2024. |

| (2) | Reflects the cost of providing the named executive officer with continued medical, dental and vision insurance                                                                                                 
 under COBRA for a period of 18 months for Mr. Sprau, 12 months for Mr. Butz and six months for Messrs. Barnes and Seki assuming 2024 rates (which, for each named executive officer, was $2,273.76 per month). |

Under their employment agreements, in the event any of Messrs. Sprau, Butz, Barnes or Seki become disabled during employment and, as a result, is unable to continue to perform substantially all of his duties and responsibilities, either with or without reasonable accommodation, the Company will continue to pay the named executive officer his base salary and allow him to continue participating in Company employee benefit plans (to the extent permitted under the terms of the applicable plan) for up to 12 weeks of disability during any period of 365 consecutive calendar days. If the named executive officer is unable to return to work after 12 weeks of disability, then the Company may terminate him upon notice, without any severance or similar obligations (though the named executive officer will remain entitled to any accrued benefits or compensation or benefits payable under any then-current disability or accidental death and dismemberment policy, etc.). In addition, if the employment of Messrs. Butz, Barnes or Seki is terminated due