Separation Benefits. If a Participant’s employment is terminated in circumstances entitling such Participant to Separation Benefits pursuant to Section 4.1, the Company shall provide to such Participant, within ten (10) days following the Date of Termination, a lump sum cash payment and outplacement services as set forth in Appendix A, B or C, as applicable. The Chief Executive Officer of the Company shall designate which Appendix shall apply to each Employee of the Employer who he designated as a Participant. Any Participant who is demoted to Hay pay grade level 21 or below shall be entitled to Separation Benefits under Appendix C. For purposes of determining the Separation Benefits set forth in Appendix A, B or C, if the termination of the Participant’s employment is for Good Reason based upon a reduction of the Participant’s Annual Salary, opportunity to earn Target Annual Bonuses, or other compensation or employee benefits, such reduction shall be ignored.

If the Participant is (i) an Employee of the Employer at Hay pay grade level 31 or (ii) designated as entitled to receive Separation Benefits under this Appendix A by the Chief Executive Officer of the Company, either, on the Date of Termination, he shall receive the following Separation Benefits in accordance with Section 4.2. Notwithstanding the foregoing, a Participant whose Date of Termination occurs prior to the later of October 10, 2020 or the third anniversary of the date on which notice of the amendment of this Appendix to the Plan is provided to Participants and who would be a Chief Executive Officer / [[Unknown Identifier]] Profile had the Employer continued to use such classifications, shall receive the greater of the Separation Benefits provided under this Appendix or the Appendix applicable to his Hay pay grade level on the Date of Termination.