Alico Secures Severance Agreements with Two Executives
Company Announcements

Alico Secures Severance Agreements with Two Executives

Alico (ALCO) has provided an announcement.

Alico, Inc. has structured severance agreements with two executives, James Sampel and Bradley Heine, ensuring they receive a year’s base salary and continued health benefits post-termination under certain conditions. These conditions include termination by the company without cause or by the executives for valid reasons, particularly following a change in control. Both agreements require the executives to adhere to specific restrictive covenants, including confidentiality and non-competition, to receive their benefits.

For detailed information about ALCO stock, go to TipRanks’ Stock Analysis page.

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