Exhibit 10.5

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EXECUTIVE SEVERANCE BENEFITS PLAN
Originally effective July 2010
Amended September 11, 2012 (effective January 1, 2013)
Amended February 6, 2013 (effective February 6, 2013)
Amended October 18, 2017 (effective October 18, 2017)
Amended February 5, 2020 (effective February 5, 2020)

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Table of Contents
 
 
Page
 
Executive Severance Benefits Plan Overview
1
 
Who is Eligible
1
 
Covered Severance Events
1
 
How the Plan Works
2
 
Severance Payment
2
 
Continuation of Health Benefits
3
 
Outplacement Services
3
 
Conditions
3
 
Employees Rehired After Receiving Benefits
3
 
When Coverage Ends
3
 
Claims and Appeals Process
4
 
Celanese Americas Benefits Committee
5
 
Ability to Amend or Terminate the Plan
5

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Executive Severance Benefits Plan Overview
The Executive Severance Benefits Plan provides a severance payment, continuation
of health benefits, and other severance benefits to certain eligible executive
employees of Celanese Americas LLC and its participating affiliated companies
(“Celanese”). Ineligible employees shall not receive severance benefits.
Celanese can, in certain circumstances and notwithstanding the provisions of
this Plan, in its sole discretion, provide different or enhanced severance
benefits to certain employees specified on an individual or group basis.
However, the granting of such benefits shall not mean that any other individual
employee or group of employees is entitled to such benefits.
Certain terms used in this Plan are defined in the Glossary in Appendix A.
Who is Eligible
The executive officers of Celanese (including the Chief Executive Officer
("CEO")), as well as those employees that have been designated by the CEO are
eligible to participate in this Plan ("Eligible Employees").
You are not eligible to receive severance benefits under this Plan unless you
are classified as an “employee” on the payroll records of Celanese, regardless
of whether it is later determined that you are, or were, an “employee” of
Celanese.
Enrollment in the Plan is automatic.
You are not eligible to participate in this Plan if you are eligible to receive
severance benefits under any other plan or arrangement sponsored by Celanese
except to the extent specifically set forth in such other plan or arrangement.
Covered Severance Events
 
If you are an Eligible Employee, you are entitled to "Severance Benefits"
(defined below) if you have a "Covered Severance Event". You have a Covered
Severance Event if you are involuntarily terminated from active employment
without Cause or if you resign for Good Reason.
For purposes of the Plan, your termination is for Cause if you are terminated
because of:
(i) your willful failure to perform your duties to Celanese (other than as a
result of total or partial incapacity due to physical or mental illness) for a
period of 30 days following written notice by Celanese to you of such failure;
(ii) your conviction of, or a plea of nolo contendere to (x) a felony under the
laws of the United States or any state thereof or any similar criminal act in a
jurisdiction outside the United States or (y) a crime involving moral turpitude;
(iii) your willful malfeasance or willful misconduct which is demonstrably
injurious to Celanese;
(iv) your material violation of Celanese’s code of conduct;
(v) your material violation of Celanese’s policies concerning harassment or
discrimination;
(vi) your conduct that causes material harm to the business reputation of
Celanese or its affiliates; or
(vii) your breach of the provisions of any confidentiality, noncompetition or
nonsolicitation obligation to which you are subject.
For purposes of the Plan, a resignation is for Good Reason upon the occurrence
of one or more of the following:
(i) a reduction in base salary to a level that is less than 90% of the Eligible
Employee's base salary immediately prior to the reduction; or

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(ii) a relocation of the Eligible Employee's principal place of business to a
location greater than 50 miles from his or her current principal place of
business;
Provided, however, that the Eligible Employee must notify the Company of the
event giving rise to Good Reason within 30 days of the occurrence of the event,
and the Company shall have 30 days to correct such incident. If, upon the
expiration of the 30-day correction period, the Company fails to correct the
incident giving rise to Good Reason, then the Eligible Employee must resign from
the Company within 30 days thereafter.
Eligible Employees who are involuntarily terminated for any other reason (e.g.
death, disability, retirement, termination for Cause), or who voluntarily
terminate other than for Good Reason or retire, are not eligible to receive
Severance Benefits under this Plan.
How the Plan Works
Eligible Employees who have had a Covered Severance Event are entitled to
receive (i) a Severance Payment, (ii) continuation of health care benefits,
(iii) a Supplemental Payment, and (iv) outplacement services (collectively, the
"Severance Benefits"), all as further described below.
This Plan does not alter the terms of any grant of equity compensation to you.
Your rights with respect to any equity compensation grant are governed by the
agreement(s) that establish the terms and conditions of your grant.
Severance Payment
Eligible Employees who have a Covered Severance Event will receive a "Severance
Payment" upon the Eligible Employee’s termination of employment with Celanese
and its affiliates, subject to the Eligible Employee's satisfaction of the
"Conditions" set forth below. (For this purpose, the termination of employment
must constitute a “Separation from Service” as defined in Section 409A of
 
the Internal Revenue Code.)
The Severance Payment is an amount equal to the Eligible Employee’s base annual
salary in effect on the date of termination plus an amount equal to the
executive’s target bonus for the year with a 1.0 personal modifier; provided,
however, that for any "named executive officer" other than the CEO (determined
under applicable SEC regulations), the Severance Payment shall be 150% of the
base annual salary and target bonus, and for the CEO, the Severance Payment
shall be 200% of the base annual salary and target bonus. The Severance Payment
will be made as soon as practicable following the Eligible Employee’s Separation
from Service, but in no event later than December 31 of the year in which such
Separation from Service occurs or, if later, the 15th day of the third month
following such Separation from Service.
In addition, the Eligible Employee will be entitled to a pro rata bonus payment
for the year of termination (a “Supplemental Payment”). The Supplemental Payment
is an amount equal to the Eligible Employee’s target bonus payment for the year
of termination multiplied by a fraction, the numerator of which is the number of
days in the year of the Eligible Employee’s termination, up to and including the
date of the Participant’s termination, and the denominator of which is 365 (or,
366, as applicable). The Supplemental Payment (1) shall be based on actual
performance of Celanese for the year of termination (with a minimum of a 1.0
personal modifier) rather than target performance, and (2) instead of being paid
at the same time as the Severance Payment, shall be paid at the same time annual
bonuses are paid to other Eligible Employees who do not terminate employment
during the year but in no event later than the 15th day of the third month of
the year following such Separation from Service.
For purposes of Section 409A of the Internal Revenue Code, the Severance Payment
and the Supplemental Payment are intended to be a separate “payment” within the
meaning of Treasury Regulation Section 1.409A-2(b)(2) and to be exempt from
Section 409A of the Internal Revenue Code pursuant to Treasury Regulation
Section 1.409A-1(b)(4).

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Any amounts that the Eligible Employee owes to Celanese will be deducted from
the Eligible Employee’s Severance Payment. As an additional condition to
receiving the Severance Payment, the Plan Administrator may require the Eligible
Employee to execute a written agreement that authorizes Celanese to deduct any
amounts the Eligible Employee owes to Celanese prior to the payment of the
Severance Payment under the Plan.
Continuation of Health Benefits
Eligible Employees who have a Covered Severance Event will be entitled to elect,
under COBRA, to continue to participate in the medical and dental benefits under
the Celanese Health and Welfare Benefits Program for a period of 18 months
following the month of termination.
If the Eligible Employee elects to continue coverage of medical and dental
benefits pursuant to COBRA under the Health and Welfare Benefits Program,
Celanese will provide the Eligible Employee a monthly reimbursement payment for
the COBRA premiums charged and paid for the first 12 months of COBRA coverage
(or 18 months of coverage for the CEO) for the Eligible Employee and his or her
dependents ("Continuation of Health Benefits"); provided that such monthly
reimbursement will be paid following receipt of proof of payment for the COBRA
premium in a form satisfactory to the Plan Administrator (defined below) and the
Continuation of Health Benefits shall not be provided to the extent Celanese
determines that it would result in any fine, penalty or violation of law for
being a discriminatory benefit or otherwise.
For the next 6 months (i.e., for the 13th through 18th month following
termination), the Eligible Employee must elect to continue coverage under COBRA
and must pay the COBRA premium in order to continue to participate in the
medical and dental benefits under the Health and Welfare Benefits Program.
Health coverage reimbursement payments will terminate earlier than 12 months (or
18
 
months for the CEO) when the Eligible Employee becomes eligible to participate
in any other employer-sponsored health plan. The Eligible Employee must notify
Celanese when he or she becomes eligible for any other employer-provided health
care benefits.
Outplacement Services
Eligible Employees who have a Covered Severance Event will be entitled to
receive outplacement services for a period of 12 months following Separation
from Service with an outplacement firm selected by Celanese and subject to any
limits as the company may determine.
Conditions
As a condition for receiving Severance Benefits under this Plan, you must (1)
return all property of Celanese;(2) hold confidential any and all information
concerning Celanese; (3) cooperate fully with Celanese; (4) execute and deliver
such forms as required by Celanese; and (5) execute and deliver to Celanese a
general claims release, restrictive covenants and cooperation agreement in the
form provided to you by Celanese. If you fail to fully comply with any of the
obligations described in this paragraph, your benefits may be discontinued.
Employees Rehired After Receiving Benefits
If you are a former employee and you are applying for rehire consideration, you
will be considered with all other external candidates and have no guaranteed
entitlement to a prior job classification, role, or rate of pay. The position
will reflect Celanese’s current evaluation of the position in the current
organization structure.
If you are a former employee who is rehired after receiving benefits, you will
not receive recognition of prior service in the determination of subsequent
benefits, except to the extent provided by law. Calculation of subsequent
benefits will begin as of the date you are rehired as a Celanese employee. Any
prior service previously credited will not be

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included for the purpose of the calculation of benefits entitlement after you
are rehired.
All issues regarding the treatment of any service time since separation from
employment are to be resolved by the Plan Administrator (as defined below)
before an individual with prior service is rehired.
When Coverage Ends
Your participation in this Plan ends once you terminate from Celanese or when
you are no longer an Eligible Employee.
Claims and Appeals Process
If you believe that you are entitled to benefits under the Plan, you must file a
claim for benefits. A claim for benefits must be made no later than one year
following the date of your termination of employment with Celanese. If you do
not file a claim for benefits within one year of the date of your termination of
employment with Celanese, you will not be entitled to any benefits under the
Plan.
A claim for benefits is submitted to the Plan Administrator. The Plan
Administrator has the sole discretionary authority to approve or deny each
claim. In the event the Plan Administrator denies, in whole or in part, an
initial claim for benefits by a participant or his beneficiary, the Plan
Administrator will furnish notice of the adverse determination to you.
The notice will be forwarded to you within 90 days of receipt of the claim by
the Plan Administrator. However, in special circumstances, the Plan
Administrator may extend the response period for up to an additional 90 days,
and must notify you in writing of the extension, and will specify the reasons
for the extension. If for any reason you do not receive a response from the Plan
Administrator within the time prescribed, the claim will be deemed denied.
Within 60 days of receipt of a notice of an adverse determination, you or your
duly authorized representative may petition the
 
Plan Administrator in writing for a full and fair review of the adverse
determination (see address below for information on how to contact the Plan
Administrator). You or your duly authorized representative will have the
opportunity to submit comments in writing, documents, records, and other
relevant information to the Plan Administrator. You will also have the right to
be furnished, free of charge and upon request, reasonable access to, and copies
of, all documents, records and other relevant information. Relevant information
includes any information that was submitted, considered or generated in the
course of the decision regardless of whether such information was relied upon in
making the benefit determination. You may also request any information
demonstrating that, where appropriate, the Plan is acting consistently with
respect to other participants.
The Plan Administrator will review the denial and will take into account all
documents, records, and other information submitted by you regardless of whether
such information was submitted or considered in the initial determination. The
Plan Administrator will communicate its decision and provide an explanation to
you in writing within 60 days of receipt of the petition. However, in special
circumstances, the Plan Administrator may extend the response period for up to
an additional 60 days, in which event it will notify you in writing prior to the
commencement of the extension and specify the reasons for the extension. If for
any reason, the written decision on review is not furnished within the time
prescribed, the claim will be deemed denied on review.
The written notice of decision by the Plan Administrator will set forth:
}
The specific reasons for the adverse determination;

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A specific reference to the pertinent Plan provisions on which the adverse
determination is based;

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A description of any additional information necessary for you to perfect the
claim and an explanation of why such information is necessary. In the case of a
notification of an appealed claim, the notice will also

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include a statement that you are entitled to receive reasonable access to and
copies of all documents, records, and other relevant information with respect to
the claim; and
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A description of the Plan’s review procedures (or, in the case of a notification
of an appealed claim, a description of any voluntary appeal procedures) and the
time limits applicable to such procedures, including a statement of the
claimant’s right to bring a civil action under section 502 of ERISA following an
adverse decision by the Plan Administrator.

Celanese Americas Benefits Committee
The "Plan Administrator" is the Celanese Americas Benefits Committee. The
Benefits Committee has general responsibility and sole discretionary authority
for administering the Plan and reviewing claims for benefits and appeals or
denied claims. Any determination by the Benefits Committee is final and
conclusive and will not be overturned unless it is deemed to be arbitrary and
capricious. The Celanese Americas Benefits Committee can be contacted at:
Celanese Americas Benefits Committee
c/o Benefits Department
222 W. Las Colinas Blvd., Suite 900N
Irving, TX 75039
972-443-4000

Ability to Amend or Terminate the Plan
Celanese retains the right to amend or terminate the Plan at any time, provided
that any amendment or termination that prospectively reduces benefits shall not
be effective earlier than 90 days after adoption.

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APPENDIX A
Glossary

Cause - See page 1 under “Covered Severance Events”

Celanese - Celanese Americas LLC and its participating affiliated companies, and
any successor thereto

Continuation of Health Benefits - See page 3 under “Continuation of Health
Benefits”

Covered Severance Event - See page 1 under “Covered Severance Events”

Good Reason - See pages 1 and 2 under "Covered Severance Events"

Eligible Employee - An employee of Celanese, designated to participate in the
Plan by the CEO and in accordance with the terms of the Plan

ERISA - Employee Retirement Income Security Act of 1974, as amended

Health and Welfare Benefits Program - Celanese's health and welfare benefits
coverage offered to active employees and COBRA recipients

Plan - This Celanese Americas Executive Severance Benefits Plan

Plan Administrator - Celanese Americas Benefits Committee

Plan Sponsor – Celanese Americas LLC, or any successor to Celanese Americas LLC
thereto

Severance Payment – See Page 2 under “Severance Payment”

Severance Benefits - The Severance Payment and other benefits provided under
this Plan, including a Supplemental Payment, Continuation of Health Benefits,
and outplacement benefits

Supplemental Payment - a pro rata bonus payment for the year of termination, as
described on Page 2 under "Severance Payment"

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