[8-K] Geron Corp Reports Material Event
Event: Geron Corporation (GERN) filed an 8-K reporting the appointment of Harout Semerjian as President, Chief Executive Officer and director, effective August 7, 2025.
- CEO appointment: Mr. Semerjian replaces Dawn C. Bir and will fill a Class I board vacancy through the 2027 annual meeting.
- Compensation: Annual base salary $800,000; annual performance target bonus 70% of base salary (prorated for 2025).
- Equity inducement: Grant of stock options to purchase 11,000,000 shares under the 2018 Inducement Award Plan; exercise price = Nasdaq closing price on start/grant date.
- Vesting: 7,000,000 options: 12.5% at six months then monthly over 42 months; 4,000,000 options: 25% at one year then monthly over 36 months; full vest upon Change in Control.
- Severance: Covered Termination: prorated target bonus, lump-sum equal to 18 months base salary, COBRA for up to 18 months; vested options remain exercisable until earlier of two years post-termination or original expiration.
- Plan amendments: Amended and Restated Severance Plan effective August 1, 2025 adds a CEO payment equal to 150% of target bonus upon a qualifying Change of Control; 2018 Inducement Award Plan amended to add 11,000,000 shares for inducement grants.
- Exhibits: Employment Agreement (Exhibit 10.1), Amended Severance Plan (Exhibit 10.2), Amended 2018 Inducement Plan (Exhibit 10.3).
Evento: Geron Corporation (GERN) ha depositato un 8-K segnalando la nomina di Harout Semerjian a Presidente, Amministratore Delegato e amministratore, con effetto dal 7 agosto 2025.
- Nomina del CEO: Il Sig. Semerjian sostituisce Dawn C. Bir e coprirà una vacanza del consiglio di Classe I fino all'assemblea annuale del 2027.
- Retribuzione: Salario base annuo $800.000; bonus annuo obiettivo pari al 70% del salario base (prorata per il 2025).
- Assegnazione azionaria: Concessione di opzioni per acquistare 11.000.000 di azioni ai sensi del 2018 Inducement Award Plan; prezzo di esercizio = prezzo di chiusura Nasdaq alla data di inizio/concessione.
- Vesting: 7.000.000 di opzioni: 12,5% a sei mesi poi maturazione mensile per 42 mesi; 4.000.000 di opzioni: 25% a un anno poi maturazione mensile per 36 mesi; maturazione integrale in caso di Change in Control.
- Indennità di fine rapporto: In caso di cessazione coperta: bonus obiettivo proporzionato, pagamento unico pari a 18 mesi di salario base, copertura COBRA fino a 18 mesi; le opzioni già maturate restano esercitabili fino al primo tra due anni dopo la cessazione o la data di scadenza originaria.
- Modifiche ai piani: L'Amended and Restated Severance Plan, con efficacia dal 1º agosto 2025, aggiunge un pagamento al CEO pari al 150% del bonus obiettivo in caso di un Change of Control qualificante; il 2018 Inducement Award Plan è stato modificato per aggiungere 11.000.000 di azioni per assegnazioni di inducement.
- Allegati: Contratto di lavoro (Allegato 10.1), Severance Plan emendato (Allegato 10.2), 2018 Inducement Plan emendato (Allegato 10.3).
Evento: Geron Corporation (GERN) presentó un 8-K informando la designación de Harout Semerjian como Presidente, Director Ejecutivo y miembro del consejo, con efecto a partir del 7 de agosto de 2025.
- Nombramiento del CEO: El Sr. Semerjian reemplaza a Dawn C. Bir y ocupará una vacante de la Junta de Clase I hasta la junta anual de 2027.
- °ä´Ç³¾±è±ð²Ô²õ²¹³¦¾±Ã³²Ô: Salario base anual $800,000; bono objetivo anual equivalente al 70% del salario base (prorrateado para 2025).
- Concesión de acciones: Otorgamiento de opciones para comprar 11,000,000 de acciones bajo el 2018 Inducement Award Plan; precio de ejercicio = precio de cierre de Nasdaq en la fecha de inicio/otorgamiento.
- Vesting: 7,000,000 de opciones: 12.5% a los seis meses y luego adquisición mensual durante 42 meses; 4,000,000 de opciones: 25% al año y luego adquisición mensual durante 36 meses; adquisición total en caso de Change in Control.
- Indemnización por terminación: Terminación cubierta: bono objetivo prorrateado, pago único equivalente a 18 meses de salario base, COBRA hasta 18 meses; las opciones ya adquiridas seguirán pudiéndose ejercer hasta el primero de: dos años tras la terminación o la expiración original.
- Enmiendas a los planes: El Amended and Restated Severance Plan, con vigencia desde el 1 de agosto de 2025, añade un pago al CEO igual al 150% del bono objetivo en caso de un Change of Control calificante; el 2018 Inducement Award Plan se enmendó para añadir 11,000,000 de acciones para concesiones por inducement.
- Anexos: Contrato de empleo (Anexo 10.1), Severance Plan enmendado (Anexo 10.2), 2018 Inducement Plan enmendado (Anexo 10.3).
사건: Geron Corporation (GERN)ì€ 8-Kë¥� ì œì¶œí•˜ì—¬ Harout Semerjianì� 2025ë…� 8ì›� 7ì¼ë¶€ë¡� 사장, ìµœê³ ê²½ì˜ìž�(CEO) ë°� ì´ì‚¬ë¡� ì„ ìž„í–ˆë‹¤ê³� ë³´ê³ í–ˆìŠµë‹ˆë‹¤.
- CEO ì„ ìž„: Semerjian 씨는 Dawn C. Birë¥� ëŒ€ì‹ í•˜ë©� 2027ë…� ì—°ë¡€ 주주ì´íšŒê¹Œì§€ í´ëž˜ìŠ� I ì´ì‚¬íš� ê³µì„ì� 채ì›ë‹ˆë‹¤.
- 보수: ì—°ê°„ 기본ê¸� $800,000; ì—°ê°„ 성과 목표 보너스는 ê¸°ë³¸ê¸‰ì˜ 70% (2025ë…„ì€ ì¼í• 계산).
- ì£¼ì‹ ì¸ì„¼í‹°ë¸Œ: 2018 Inducement Award Planì—� ë”°ë¼ 11,000,000주를 매수í•� ìˆ� 있는 스톡옵션 ë¶€ì—�; 행사가ê²� = 시작/부여ì¼ì� 나스ë‹� 종가.
- ë² ìŠ¤íŒ�: 7,000,000 옵션: 6개월 ì‹� 12.5% ë² ìŠ¤íŒ� í›� 42개월ê°� 매월 ë² ìŠ¤íŒ�; 4,000,000 옵션: 1ë…� ì‹� 25% ë² ìŠ¤íŒ� í›� 36개월ê°� 매월 ë² ìŠ¤íŒ�; Change in Control ë°œìƒ ì‹� ì „ì•¡ ë² ìŠ¤íŒ�.
- í•´ê³ ì‹� ë³´ìƒ: ì ìš©ë˜ëŠ” 종료ì� 경우: 목표 ë³´ë„ˆìŠ¤ì˜ ë¹„ë¡€ ì§€ê¸�, 기본ê¸� 18ê°œì›”ë¶„ì— í•´ë‹¹í•˜ëŠ” ì¼ì‹œê¸�, COBRA 최대 18개월; ì´ë¯¸ ë² ìŠ¤íŒ…ëœ ì˜µì…˜ì€ ì¢…ë£Œ í›� 2ë…� ë˜ëŠ” ì›ëž˜ 만기ì� ì¤� ë¹ ë¥¸ 시ì 까지 행사 ê°€ëŠ�.
- ê³„íš ìˆ˜ì •: 2025ë…� 8ì›� 1ì¼ë¶€ë¡� 발효ë� Amended and Restated Severance Planì€ ìžê²© 있는 Change of Control ë°œìƒ ì‹� CEOì—게 목표 ë³´ë„ˆìŠ¤ì˜ 150%ì—� 해당하는 ì§€ê¸‰ì„ ì¶”ê°€í•˜ê³ , 2018 Inducement Award Planì€ ì¸ì„¼í‹°ë¸Œ 부여용으로 11,000,000주를 추가하ë„ë¡� ê°œì •ë˜ì—ˆìŠµë‹ˆë‹�.
- ì¦ë¹™ 서류: ê³ ìš© 계약ì„�(Exhibit 10.1), ìˆ˜ì •ë� Severance Plan(Exhibit 10.2), ìˆ˜ì •ë� 2018 Inducement Plan(Exhibit 10.3).
Événement : Geron Corporation (GERN) a déposé un 8-K signalant la nomination de Harout Semerjian au poste de président, directeur général et administrateur, à compter du 7 août 2025.
- Nomination du PDG : M. Semerjian remplace Dawn C. Bir et occupera un siège de conseil de classe I jusqu'à l'assemblée générale annuelle de 2027.
- Rémunération : Salaire de base annuel 800 000 $ ; prime annuelle cible 70 % du salaire de base (au prorata pour 2025).
- Attribution d'actions : Attribution d'options portant sur 11 000 000 d'actions en vertu du 2018 Inducement Award Plan ; prix d'exercice = cours de clôture Nasdaq à la date de prise de fonction/attribution.
- Vesting : 7 000 000 d'options : 12,5 % à six mois puis acquisition mensuelle sur 42 mois ; 4 000 000 d'options : 25 % à un an puis acquisition mensuelle sur 36 mois ; acquisition intégrale en cas de changement de contrôle.
- Indemnités de départ : En cas de cessation couverte : prime cible proratisée, somme forfaitaire équivalente à 18 mois de salaire de base, COBRA jusqu'à 18 mois ; les options acquises restent exerçables jusqu'au premier des deux termes : deux ans après la cessation ou l'expiration initiale.
- Modifications des plans : L'Amended and Restated Severance Plan, effectif au 1er août 2025, ajoute un paiement au PDG égal à 150 % de la prime cible en cas de Change of Control qualifiant ; le 2018 Inducement Award Plan a été modifié pour ajouter 11 000 000 d'actions destinées aux attributions d'inducement.
- Pièces jointes : Contrat de travail (Exhibit 10.1), Amended Severance Plan (Exhibit 10.2), 2018 Inducement Plan modifié (Exhibit 10.3).
Ereignis: Geron Corporation (GERN) reichte ein 8-K ein und meldete die Ernennung von Harout Semerjian zum Präsidenten, Chief Executive Officer und Direktor, wirksam ab dem 7. August 2025.
- CEO-Ernennung: Herr Semerjian tritt die Nachfolge von Dawn C. Bir an und besetzt eine Class-I-Aufsichtsratssitz bis zur jährlichen Hauptversammlung 2027.
- ³Õ±ð°ù²µÃ¼³Ù³Ü²Ô²µ: Jahresgrundgehalt $800.000; jährliche Zielbonus 70% des Grundgehalts (für 2025 anteilig).
- Aktienanreiz: Gewährung von Aktienoptionen zum Kauf von 11.000.000 Aktien im Rahmen des 2018 Inducement Award Plan; Ausübungspreis = Nasdaq-Schlusskurs am Beginn/Tag der Gewährung.
- Vesting: 7.000.000 Optionen: 12,5% nach sechs Monaten, dann monatlich über 42 Monate; 4.000.000 Optionen: 25% nach einem Jahr, dann monatlich über 36 Monate; vollständige Vesting bei Change in Control.
- Abfindung: Bei abgedeckter Beendigung: anteiliger Zielbonus, Einmalzahlung in Höhe von 18 Monatsgrundgehältern, COBRA bis zu 18 Monate; bereits unverfallbare Optionen bleiben bis zum früheren Zeitpunkt von zwei Jahren nach Beendigung oder dem ursprünglichen Verfallsdatum ausübbar.
- ±Ê±ô²¹²Ôä²Ô»å±ð°ù³Ü²Ô²µ±ð²Ô: Das Amended and Restated Severance Plan mit Wirkung zum 1. August 2025 fügt eine CEO-Zahlung in Höhe von 150% des Zielbonus im Falle eines qualifizierenden Change of Control hinzu; der 2018 Inducement Award Plan wurde geändert, um 11.000.000 Aktien für Inducement-Zuteilungen hinzuzufügen.
- Anlagen: Arbeitsvertrag (Exhibit 10.1), geänderter Severance Plan (Exhibit 10.2), geänderter 2018 Inducement Plan (Exhibit 10.3).
- Experienced CEO appointment: Harout Semerjian brings commercial and hematology experience from Novartis, Ipsen and GlycoMimetics.
- Clear compensation terms: Base salary ($800,000), target bonus (70%) and detailed severance provisions are disclosed.
- Retention and alignment: Large inducement option grant with multi-year vesting schedules and full vesting on Change in Control align long-term incentives.
- Formal plan amendments: Inducement award plan and severance plan changes are documented and filed as exhibits.
- Potential dilution: Grant of 11,000,000 stock options and corresponding 11,000,000 share increase to the inducement plan increase potential share count and dilution.
- Generous severance/CIC protections: 18 months salary plus additional 150% of target bonus upon Change in Control for CEO could be costly to shareholders.
- Materiality not quantified: Filing does not disclose current total shares outstanding or the exercise price (will equal closing price on start date), limiting immediate assessment of dilution magnitude.
Insights
TL;DR: New CEO hire with detailed employment, equity inducement and enhanced severance terms; governance implications on dilution and change-in-control protections.
The Board appointed Harout Semerjian effective August 7, 2025, with a documented employment agreement and indemnification agreement. The filing discloses a large inducement option grant (11,000,000 shares) and amendments to the severance and inducement plans. Material governance points: (i) the option grant is expressly a Nasdaq Rule 5635(c)(4) inducement award and the inducement plan reserve is increased accordingly; (ii) the Amended Severance Plan and the Employment Agreement provide enhanced change-in-control and severance protections (notably 18 months salary and additional 150% target bonus in a CIC for the CEO). These terms are significant for shareholders due to potential dilution and post-termination payouts, and should be monitored alongside outstanding share counts and potential future disclosures on option pricing and run-rate compensation.
TL;DR: Commercially experienced CEO recruited with market-level cash pay and front-loaded option inducements tied to service and CIC protections.
Mr. Semerjian’s background in commercial leadership (Novartis, Ipsen, GlycoMimetics) aligns with Geron’s stated rationale for his appointment. The employment package combines a $800,000 base, 70% target bonus and a sizable 11,000,000 option grant with staggered vesting and full CIC vesting—typical for senior biotech CEO inducements but large in absolute share terms. Severance terms (18 months salary, prorated bonus, 18 months COBRA) and the amended plan’s 150% bonus on CIC materially enhance downside protections for the CEO. From a compensation design perspective, the structure mixes retention through graded vesting and protection via CIC vesting; investors should weigh retention benefits against share reserve expansion and potential dilution.
Evento: Geron Corporation (GERN) ha depositato un 8-K segnalando la nomina di Harout Semerjian a Presidente, Amministratore Delegato e amministratore, con effetto dal 7 agosto 2025.
- Nomina del CEO: Il Sig. Semerjian sostituisce Dawn C. Bir e coprirà una vacanza del consiglio di Classe I fino all'assemblea annuale del 2027.
- Retribuzione: Salario base annuo $800.000; bonus annuo obiettivo pari al 70% del salario base (prorata per il 2025).
- Assegnazione azionaria: Concessione di opzioni per acquistare 11.000.000 di azioni ai sensi del 2018 Inducement Award Plan; prezzo di esercizio = prezzo di chiusura Nasdaq alla data di inizio/concessione.
- Vesting: 7.000.000 di opzioni: 12,5% a sei mesi poi maturazione mensile per 42 mesi; 4.000.000 di opzioni: 25% a un anno poi maturazione mensile per 36 mesi; maturazione integrale in caso di Change in Control.
- Indennità di fine rapporto: In caso di cessazione coperta: bonus obiettivo proporzionato, pagamento unico pari a 18 mesi di salario base, copertura COBRA fino a 18 mesi; le opzioni già maturate restano esercitabili fino al primo tra due anni dopo la cessazione o la data di scadenza originaria.
- Modifiche ai piani: L'Amended and Restated Severance Plan, con efficacia dal 1º agosto 2025, aggiunge un pagamento al CEO pari al 150% del bonus obiettivo in caso di un Change of Control qualificante; il 2018 Inducement Award Plan è stato modificato per aggiungere 11.000.000 di azioni per assegnazioni di inducement.
- Allegati: Contratto di lavoro (Allegato 10.1), Severance Plan emendato (Allegato 10.2), 2018 Inducement Plan emendato (Allegato 10.3).
Evento: Geron Corporation (GERN) presentó un 8-K informando la designación de Harout Semerjian como Presidente, Director Ejecutivo y miembro del consejo, con efecto a partir del 7 de agosto de 2025.
- Nombramiento del CEO: El Sr. Semerjian reemplaza a Dawn C. Bir y ocupará una vacante de la Junta de Clase I hasta la junta anual de 2027.
- °ä´Ç³¾±è±ð²Ô²õ²¹³¦¾±Ã³²Ô: Salario base anual $800,000; bono objetivo anual equivalente al 70% del salario base (prorrateado para 2025).
- Concesión de acciones: Otorgamiento de opciones para comprar 11,000,000 de acciones bajo el 2018 Inducement Award Plan; precio de ejercicio = precio de cierre de Nasdaq en la fecha de inicio/otorgamiento.
- Vesting: 7,000,000 de opciones: 12.5% a los seis meses y luego adquisición mensual durante 42 meses; 4,000,000 de opciones: 25% al año y luego adquisición mensual durante 36 meses; adquisición total en caso de Change in Control.
- Indemnización por terminación: Terminación cubierta: bono objetivo prorrateado, pago único equivalente a 18 meses de salario base, COBRA hasta 18 meses; las opciones ya adquiridas seguirán pudiéndose ejercer hasta el primero de: dos años tras la terminación o la expiración original.
- Enmiendas a los planes: El Amended and Restated Severance Plan, con vigencia desde el 1 de agosto de 2025, añade un pago al CEO igual al 150% del bono objetivo en caso de un Change of Control calificante; el 2018 Inducement Award Plan se enmendó para añadir 11,000,000 de acciones para concesiones por inducement.
- Anexos: Contrato de empleo (Anexo 10.1), Severance Plan enmendado (Anexo 10.2), 2018 Inducement Plan enmendado (Anexo 10.3).
사건: Geron Corporation (GERN)ì€ 8-Kë¥� ì œì¶œí•˜ì—¬ Harout Semerjianì� 2025ë…� 8ì›� 7ì¼ë¶€ë¡� 사장, ìµœê³ ê²½ì˜ìž�(CEO) ë°� ì´ì‚¬ë¡� ì„ ìž„í–ˆë‹¤ê³� ë³´ê³ í–ˆìŠµë‹ˆë‹¤.
- CEO ì„ ìž„: Semerjian 씨는 Dawn C. Birë¥� ëŒ€ì‹ í•˜ë©� 2027ë…� ì—°ë¡€ 주주ì´íšŒê¹Œì§€ í´ëž˜ìŠ� I ì´ì‚¬íš� ê³µì„ì� 채ì›ë‹ˆë‹¤.
- 보수: ì—°ê°„ 기본ê¸� $800,000; ì—°ê°„ 성과 목표 보너스는 ê¸°ë³¸ê¸‰ì˜ 70% (2025ë…„ì€ ì¼í• 계산).
- ì£¼ì‹ ì¸ì„¼í‹°ë¸Œ: 2018 Inducement Award Planì—� ë”°ë¼ 11,000,000주를 매수í•� ìˆ� 있는 스톡옵션 ë¶€ì—�; 행사가ê²� = 시작/부여ì¼ì� 나스ë‹� 종가.
- ë² ìŠ¤íŒ�: 7,000,000 옵션: 6개월 ì‹� 12.5% ë² ìŠ¤íŒ� í›� 42개월ê°� 매월 ë² ìŠ¤íŒ�; 4,000,000 옵션: 1ë…� ì‹� 25% ë² ìŠ¤íŒ� í›� 36개월ê°� 매월 ë² ìŠ¤íŒ�; Change in Control ë°œìƒ ì‹� ì „ì•¡ ë² ìŠ¤íŒ�.
- í•´ê³ ì‹� ë³´ìƒ: ì ìš©ë˜ëŠ” 종료ì� 경우: 목표 ë³´ë„ˆìŠ¤ì˜ ë¹„ë¡€ ì§€ê¸�, 기본ê¸� 18ê°œì›”ë¶„ì— í•´ë‹¹í•˜ëŠ” ì¼ì‹œê¸�, COBRA 최대 18개월; ì´ë¯¸ ë² ìŠ¤íŒ…ëœ ì˜µì…˜ì€ ì¢…ë£Œ í›� 2ë…� ë˜ëŠ” ì›ëž˜ 만기ì� ì¤� ë¹ ë¥¸ 시ì 까지 행사 ê°€ëŠ�.
- ê³„íš ìˆ˜ì •: 2025ë…� 8ì›� 1ì¼ë¶€ë¡� 발효ë� Amended and Restated Severance Planì€ ìžê²© 있는 Change of Control ë°œìƒ ì‹� CEOì—게 목표 ë³´ë„ˆìŠ¤ì˜ 150%ì—� 해당하는 ì§€ê¸‰ì„ ì¶”ê°€í•˜ê³ , 2018 Inducement Award Planì€ ì¸ì„¼í‹°ë¸Œ 부여용으로 11,000,000주를 추가하ë„ë¡� ê°œì •ë˜ì—ˆìŠµë‹ˆë‹�.
- ì¦ë¹™ 서류: ê³ ìš© 계약ì„�(Exhibit 10.1), ìˆ˜ì •ë� Severance Plan(Exhibit 10.2), ìˆ˜ì •ë� 2018 Inducement Plan(Exhibit 10.3).
Événement : Geron Corporation (GERN) a déposé un 8-K signalant la nomination de Harout Semerjian au poste de président, directeur général et administrateur, à compter du 7 août 2025.
- Nomination du PDG : M. Semerjian remplace Dawn C. Bir et occupera un siège de conseil de classe I jusqu'à l'assemblée générale annuelle de 2027.
- Rémunération : Salaire de base annuel 800 000 $ ; prime annuelle cible 70 % du salaire de base (au prorata pour 2025).
- Attribution d'actions : Attribution d'options portant sur 11 000 000 d'actions en vertu du 2018 Inducement Award Plan ; prix d'exercice = cours de clôture Nasdaq à la date de prise de fonction/attribution.
- Vesting : 7 000 000 d'options : 12,5 % à six mois puis acquisition mensuelle sur 42 mois ; 4 000 000 d'options : 25 % à un an puis acquisition mensuelle sur 36 mois ; acquisition intégrale en cas de changement de contrôle.
- Indemnités de départ : En cas de cessation couverte : prime cible proratisée, somme forfaitaire équivalente à 18 mois de salaire de base, COBRA jusqu'à 18 mois ; les options acquises restent exerçables jusqu'au premier des deux termes : deux ans après la cessation ou l'expiration initiale.
- Modifications des plans : L'Amended and Restated Severance Plan, effectif au 1er août 2025, ajoute un paiement au PDG égal à 150 % de la prime cible en cas de Change of Control qualifiant ; le 2018 Inducement Award Plan a été modifié pour ajouter 11 000 000 d'actions destinées aux attributions d'inducement.
- Pièces jointes : Contrat de travail (Exhibit 10.1), Amended Severance Plan (Exhibit 10.2), 2018 Inducement Plan modifié (Exhibit 10.3).
Ereignis: Geron Corporation (GERN) reichte ein 8-K ein und meldete die Ernennung von Harout Semerjian zum Präsidenten, Chief Executive Officer und Direktor, wirksam ab dem 7. August 2025.
- CEO-Ernennung: Herr Semerjian tritt die Nachfolge von Dawn C. Bir an und besetzt eine Class-I-Aufsichtsratssitz bis zur jährlichen Hauptversammlung 2027.
- ³Õ±ð°ù²µÃ¼³Ù³Ü²Ô²µ: Jahresgrundgehalt $800.000; jährliche Zielbonus 70% des Grundgehalts (für 2025 anteilig).
- Aktienanreiz: Gewährung von Aktienoptionen zum Kauf von 11.000.000 Aktien im Rahmen des 2018 Inducement Award Plan; Ausübungspreis = Nasdaq-Schlusskurs am Beginn/Tag der Gewährung.
- Vesting: 7.000.000 Optionen: 12,5% nach sechs Monaten, dann monatlich über 42 Monate; 4.000.000 Optionen: 25% nach einem Jahr, dann monatlich über 36 Monate; vollständige Vesting bei Change in Control.
- Abfindung: Bei abgedeckter Beendigung: anteiliger Zielbonus, Einmalzahlung in Höhe von 18 Monatsgrundgehältern, COBRA bis zu 18 Monate; bereits unverfallbare Optionen bleiben bis zum früheren Zeitpunkt von zwei Jahren nach Beendigung oder dem ursprünglichen Verfallsdatum ausübbar.
- ±Ê±ô²¹²Ôä²Ô»å±ð°ù³Ü²Ô²µ±ð²Ô: Das Amended and Restated Severance Plan mit Wirkung zum 1. August 2025 fügt eine CEO-Zahlung in Höhe von 150% des Zielbonus im Falle eines qualifizierenden Change of Control hinzu; der 2018 Inducement Award Plan wurde geändert, um 11.000.000 Aktien für Inducement-Zuteilungen hinzuzufügen.
- Anlagen: Arbeitsvertrag (Exhibit 10.1), geänderter Severance Plan (Exhibit 10.2), geänderter 2018 Inducement Plan (Exhibit 10.3).