Albemarle Corporation Charlotte, NC 28209 www.albemarle.comEnhanced Compensation Agreement • November 4th, 2021 • Albemarle Corp • Plastic materials, synth resins & nonvulcan elastomers • North Carolina
Contract Type FiledNovember 4th, 2021 Company Industry JurisdictionOn behalf of Albemarle Corporation (together with its affiliates, “Albemarle” or the “Company”), I am pleased to offer you the enhanced compensation opportunity described in this letter agreement (this “Agreement”) in consideration of your support of the Company’s strategic review of its catalysts segment (the “Business”) if such review results in a divestiture of the Business in a transaction with an acquirer of the Business (together with its affiliates, the “Purchaser”).