Company: UHS
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0000950170-25-049925
Chunk: 74

Company: UNIVERSAL HEALTH SERVICES INC
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 74
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 salary, payable in twelve equal monthly installments. Additionally, Mr. Alan Miller would be entitled to the accelerated vesting of his unvested long-term stock-based incentive awards granted during or before employment as Executive Chairman.

If Mr. Alan Miller’s employment or service terminates due to his death, Mr. Alan Miller’s beneficiary shall receive any salary and reimbursements that would otherwise have been payable to Mr. Alan Miller as of the date of his death in addition to any life insurance benefits under insurance policies maintained on Mr. Alan Miller’s life by us and for which Mr. Alan Miller had the right to designate the beneficiary.

If Mr. Alan Miller terminates his employment or other service under the New Employment Agreement because of a material change in the duties of his office or any other breach by us of our obligations, or in the event of the termination of Mr. Alan Miller’s employment by us without cause or otherwise in breach of the New Employment Agreement, subject to the terms of the New Employment Agreement, Mr. Alan Miller will generally continue to receive for the remainder of the employment term all of the cash compensation, long-term equity incentive compensation and other benefits as if his employment or service had not terminated, and the vesting of his long-term incentive plan awards will accelerate. We may condition Mr. Alan Miller’s right to receive any severance benefits on his execution of a general release in favor of us.

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| Universal Health Services, Inc. 2025 Proxy Statement |

| Potential Payments Upon Termination or Change-in-Control |

The following table provides quantitative disclosure of the estimated payments that would be made to Mr. Alan Miller under his New Employment Agreement as of December 31, 2024 if it had been in effect on that date, the last business day of our fiscal 2024:

| Alan B. Miller                 |     | Cash      
 Severance 
 Payment   
 ($)       |           |     |     |     | Perquisites/ 
 Benefits     
 ($)          |           |     |     | Vesting       
 Acceleration  
 of Previously 
 Granted Stock 
 Based         
 Awards        
 ($) (d.)      |           |     | Long      
 Term      
 Incentive 
 Plan      
 Awards    
 ($) (e.)  |            |     | Total       
 Termination 
 Benefits    
 ($)         |            |
|:-------------------------------|:----|:----------|----------:|:----|:----|:----|:-------------|----------:|:----|:----|:--------------|----------:|:----|:----------