Exhibit 10.4
AMENDED AND RESTATED SEVERANCE AGREEMENT
This AMENDED AND RESTATED SEVERANCE AGREEMENT (this “Agreement”) is entered into effective as of August 1, 2022 (the “Effective Date”), by and between Zevia PBC, a Delaware public benefit corporation (the “Company”), and Amy Taylor (“Executive”) and amends and restates in its entirety that certain Severance Agreement between the Company and Executive dated March 8, 2022.
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Following Executive’s Qualifying Termination that does not occur during a CIC Protection Period, except as set forth in Section 3(a) and this Section 3(b), Executive shall have no further rights to any compensation or any other benefits under this Agreement.
Following Executive’s Qualifying Termination that occurs during a CIC Protection Period, except as set forth in Section 3(a) and this Section 3(c), Executive shall have no further rights to any compensation or any other benefits under this Agreement.
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If to the Company, addressed to:
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Zevia PBC
Attn: General Counsel
15821 Ventura Blvd., Suite 145
Encino, CA 91436
If to Executive, to the address listed in the Company’s payroll records from time to time.
[Signature Page Follows this Page]
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Exhibit 10.4
IN WITNESS WHEREOF, the parties hereto have duly executed this Amended and Restated Severance Agreement as of the Effective Date.
ZEVIA PBC
/s/ Lorna R. Simms
Name: Lorna R. Simms
Title: Senior Vice President, General Counsel and Corporate Secretary
EXECUTIVE
/s/ Amy Taylor
Name: Amy Taylor