LOWES COMPANIES INC — Form 10-Q

This 10-Q exhibit is a boilerplate Change in Control Agreement template for Lowe's Tier I officers (e.g., CEO, CFO). It specifies that upon a change in control triggering event and subsequent termination without cause, affected executives receive: 2.99× base salary continuation (present value), 2.99× greater of prior-year or target annual bonus (present value), 2.99× annual welfare plan costs (present value), plus accrued obligations and other benefits. The agreement also imposes 24-month non-compete, non-interference, and confidentiality covenants post-separation. No specific officer names, dollar amounts, or new changes are disclosed—this is a standard form filed for informational purposes.