10/17/2025 | Press release | Distributed by Public on 10/17/2025 15:16
| Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
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Any outstanding equity awards will be treated as follows: unvested stock options will vest through the retirement date.
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Health benefits will continue under COBRA through December 31, 2026, with Company contributions consistent with current coverage levels.
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The Separation Agreement includes a general release of claims, as well as non-competition, non-solicitation, and confidentiality covenants customary for such agreements.
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