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DocuSign | 8-K: Separation of Inhi Suh, President of Product and Technology and Amended and Restated Severance and Change in Control Agreements

DocuSign | 8-K:產品與技術總裁Inhi Suh離職以及經修訂和重述的離職協議和控制權變更協議

SEC announcement ·  01/16 13:00
牛牛AI助理已提取核心訊息
DocuSign, Inc. has announced the departure of Inhi Cho Suh, the company's President of Product and Technology, effective February 14, 2024. The separation, which was not due to any disagreement with the company, entitles Ms. Suh to severance benefits as per her Severance Agreement. These benefits include a cash severance of $525,000, equivalent to her annual base salary, a similar amount for her on-target bonus for fiscal 2025, up to 12 months of COBRA coverage, and an acceleration of 12 months' vesting of her time-based equity awards. Additionally, Ms. Suh may still vest in a portion of her performance-based restricted stock units if performance goals are met. The company also amended and restated its Executive Severance and Change in Control Agreements for other key executives, enhancing severance benefits during a specified period to strengthen retention incentives.
DocuSign, Inc. has announced the departure of Inhi Cho Suh, the company's President of Product and Technology, effective February 14, 2024. The separation, which was not due to any disagreement with the company, entitles Ms. Suh to severance benefits as per her Severance Agreement. These benefits include a cash severance of $525,000, equivalent to her annual base salary, a similar amount for her on-target bonus for fiscal 2025, up to 12 months of COBRA coverage, and an acceleration of 12 months' vesting of her time-based equity awards. Additionally, Ms. Suh may still vest in a portion of her performance-based restricted stock units if performance goals are met. The company also amended and restated its Executive Severance and Change in Control Agreements for other key executives, enhancing severance benefits during a specified period to strengthen retention incentives.
DocuSign, Inc.宣佈該公司產品與技術總裁Inhi Cho Suh離職,自2024年2月14日起生效。此次離職不是由於與公司的任何分歧,蘇女士有權根據遣散費協議獲得遣散費。這些福利包括52.5萬美元的現金遣散費,相當於她的年基本工資,類似金額的2025財年目標獎金,長達12個月的COBRA保險,以及加快12個月的按時股票獎勵的授予。此外,如果實現業績目標,蘇女士仍可能投資部分基於業績的限制性股票單位。該公司還修訂並重申了針對其他主要高管的高管遣散費和控制權變更協議,增加了特定期限內的遣散費,以加強留用激勵。
DocuSign, Inc.宣佈該公司產品與技術總裁Inhi Cho Suh離職,自2024年2月14日起生效。此次離職不是由於與公司的任何分歧,蘇女士有權根據遣散費協議獲得遣散費。這些福利包括52.5萬美元的現金遣散費,相當於她的年基本工資,類似金額的2025財年目標獎金,長達12個月的COBRA保險,以及加快12個月的按時股票獎勵的授予。此外,如果實現業績目標,蘇女士仍可能投資部分基於業績的限制性股票單位。該公司還修訂並重申了針對其他主要高管的高管遣散費和控制權變更協議,增加了特定期限內的遣散費,以加強留用激勵。

譯文內容由第三人軟體翻譯。


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