SL Green Realty Corporation has announced an extension of Andrew S. Levine's tenure as Chief Legal Officer and General Counsel, effective January 1, 2025, through January 1, 2028. The new agreement includes specific compensation and severance terms, highlighting the company's commitment to retaining key leadership. Mr. Levine will be eligible for annual time-based LTIP units, with a minimum target performance value set at $1,450,000. In the event of his termination without cause or for good reason, severance benefits include a sum of his base salary and average annual bonus, along with acceleration of unvested equity awards and benefit continuation payments. These terms are enhanced in connection with a change-in-control, providing additional security and incentive.
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