Company: EVLVW
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001628280-25-021091
Chunk: 48

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 48
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 three equal tranches on the first, second, and third anniversaries of the grant date, subject to Mr. Kedzierski’s continued employment with the Company.

#### Other Benefits
In addition to the annual and long-term compensation described above, we provide the named executive officers with benefits and limited perquisites consistent with those provided to other company executives, as described below.

#### Comprehensive Benefits Package
We provide a competitive benefits package to all full-time employees, including the named executive officers, that includes health and welfare benefits, such as medical, dental, disability insurance and life insurance benefits. We also maintain a 401(k) plan that provides eligible U.S. employees with an opportunity to save for retirement on a tax advantaged basis and make employer matching contributions. We believe that providing such benefits adds to the overall desirability of our executive compensation package and further incentivizes our employees, including our named executive officers, in accordance with our compensation policies.

#### Severance Plan and Other Severance Benefits
Certain of our named executive officers are eligible to receive or are receiving severance payments and benefits under the Severance Plan, which replaced certain terms within their prior individual employment agreements. The terms of the Severance Plan, which apply to our named executive officers, and the rationale for these benefits are set forth in the table below:

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TABLE OF CONTENTS

| Termination                                                                                             
 Termination by the Company without “Cause” or by the Executive for “Good Reason” – No Change in Control |     | Named Executive Officer(s)                                                                                                                                                                                                                                                                                                                                                                                     
 Mr. Kedzierski                                                                                                                                                                                                                                                                                                                                                                                                 |     | Entitlements                                                                                                                                                                                                                                                                                                 
 •Salary continuation for 12 months, paid in accordance with the Company’s normal payroll schedule;                                                                                                                                                                                                           
 •Company-paid COBRA premium payments (or an equivalent cash payment) for a period not exceeding 12 months;                                                                                                                                                                                                   
 •and a lump sum cash payment equal to a pro-rated portion of his target annual cash incentive bonus from the beginning of termination calendar year up to the date of termination date (less any amounts already paid), paid no later than the second payroll cycle following the effective termination date 
 •Requires execution and non-revocation of a release of claims as a condition to receiving severance benefits                                                                                                                                                                                                 
 •Mr. Kedzierski is also subject to a “covered termination” (as defined in the Severance Plan) within 12-months of the initial equity award grant date (and,