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SEC Filing Details

10-K
NRG ENERGY, INC. filed this Form 10-K on 03/01/2018
Entire Document
 


(w)
Original Plan” shall mean the NRG Energy, Inc. Amended and Restated Executive Change-in-Control and General Severance Plan, amended and restated effective December 9, 2008.
(x)
Parachute Payment Ratio” shall have the meaning set forth in Article 6.
(y)
Plan” shall have the meaning set forth in Section 1.1.
(z)
Qualifying Termination” means:
(i)
If such event occurs within the time period that is six (6) months immediately prior to, or twenty-four (24) months immediately following a Change in Control:
(A)
An involuntary termination of the Executive’s employment by the Company for reasons other than Cause, death, or Disability pursuant to a Notice of Termination delivered to the Executive by the Company; or
(B)
A voluntary termination by the Executive for Good Reason pursuant to a Notice of Termination delivered to the Company by the Executive; or
(ii)
If such event occurs at any other time:
(A)
An involuntary termination of the Executive’s employment by the Company for reasons other than Cause, death, or Disability pursuant to a Notice of Termination delivered to the Executive by the Company.
(aa)
Release Effective Date” shall have the meaning set forth in Section 3.1(d).
(bb)
Severance Benefits” means the payment of Change-in-Control or General (as appropriate) Severance compensation as provided in Article 3 herein.
(cc)
Specified Employee” means any Executive described in Section 409A(a)(2)(B)(i) of the Code.
(dd)
Successive Period” shall have the meaning set forth in Section 1.3.
(ee)
Third Party Information” shall have the meaning set forth in Article 5(a).
(ff)
Tier IA Executives” shall include those employees of the Company with the Job Level of EVP prior to the Change in Control, or such other employee who is designated as a Tier IA Executive in the Company’s human resources information system immediately prior to the Change in Control other than the CEO.
(gg)
Tier IIA Executives” shall include those employees of the Company with the Job Level of SVP prior to the Change in Control, or such other employee who is designated as a Tier IIA Executive in the Company’s human resources information system immediately prior to the Change in Control.
(hh)
Total Payments” shall have the meaning set forth in Article 6.
(ii)
Work Product” shall have the meaning set forth in Article 5(b).

 
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