Dollar General said it entered into employment agreements with 4 named executive officers, including Kelly M. Dilts, Emily C. Taylor, Rhonda M. Taylor and Carman R. Wenkoff, effective April 1, 2024. The agreements replace the executives' existing employment agreements.

1. 01

   Dollar General said it entered into employment agreements with 4 named executive officers, including Kelly M. Dilts, Emily C. Taylor, Rhonda M. Taylor and Carman R. Wenkoff, effective April 1, 2024. The agreements replace the executives' existing employment agreements.

2. 02

   The company said the term of each agreement runs through March 31, 2027 and automatically extends month to month for up to 6 months unless the company gives written notice that no extension will occur.

3. 03

   The company said it set minimum annual base salaries of $765,000 for Ms. Dilts, $824,000 for Ms. E. Taylor, $746,750 for Ms. R. Taylor and $709,995 for Mr. Wenkoff, and that the company may increase them at its sole discretion.

4. 04

   The company said severance for a termination without cause or a resignation for good reason includes 24 months of continued base salary, a lump sum of 2 times the target bonus-based amount, a lump sum of 2 times the annual company contribution to medical, pharmacy, dental and vision programs, and outplacement services for up to 1 year.

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