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On February 21, 2024, ChargePoint Holdings, Inc. announced the adoption of two new severance plans by its Compensation and Organizational Development Committee. The plans, namely the Executive Severance Plan and the Senior Vice President and Vice President Severance Plan, are designed to provide severance benefits to certain employees upon termination under specific conditions. The Executive Severance Plan covers key management personnel, while the SVP Severance Plan includes those holding the titles of Senior Vice President or Vice President. The company's Interim CFO will join the SVP Severance Plan after her current agreement ends on February 29, 2024. Benefits under these plans include cash severance payments and COBRA premium payments, with additional equity award vesting provisions during a Change in Control Protection Period. These benefits are contingent upon the execution of a general release of claims and adherence to restrictive covenants.
On February 21, 2024, ChargePoint Holdings, Inc. announced the adoption of two new severance plans by its Compensation and Organizational Development Committee. The plans, namely the Executive Severance Plan and the Senior Vice President and Vice President Severance Plan, are designed to provide severance benefits to certain employees upon termination under specific conditions. The Executive Severance Plan covers key management personnel, while the SVP Severance Plan includes those holding the titles of Senior Vice President or Vice President. The company's Interim CFO will join the SVP Severance Plan after her current agreement ends on February 29, 2024. Benefits under these plans include cash severance payments and COBRA premium payments, with additional equity award vesting provisions during a Change in Control Protection Period. These benefits are contingent upon the execution of a general release of claims and adherence to restrictive covenants.
2024年2月21日，ChargePoint Holdings, Inc.宣布其薪酬和组织发展委员会通过了两项新的遣散费计划。这些计划，即行政人员遣散费计划和高级副总裁兼副总裁遣散费计划，旨在在特定条件下向某些员工提供离职补助金。行政人员遣散计划涵盖关键管理人员，而高级副总裁遣散计划包括担任高级副总裁或副总裁职务的人员。该公司的临时首席财务官将在她目前的协议于2024年2月29日到期后加入高级副总裁遣散计划。这些计划下的福利包括现金遣散费和COBRA保费支付，以及控制权变更保护期内的额外股权奖励归属条款。这些福利取决于索赔的普遍执行和限制性契约的遵守情况。
2024年2月21日，ChargePoint Holdings, Inc.宣布其薪酬和组织发展委员会通过了两项新的遣散费计划。这些计划，即行政人员遣散费计划和高级副总裁兼副总裁遣散费计划，旨在在特定条件下向某些员工提供离职补助金。行政人员遣散计划涵盖关键管理人员，而高级副总裁遣散计划包括担任高级副总裁或副总裁职务的人员。该公司的临时首席财务官将在她目前的协议于2024年2月29日到期后加入高级副总裁遣散计划。这些计划下的福利包括现金遣散费和COBRA保费支付，以及控制权变更保护期内的额外股权奖励归属条款。这些福利取决于索赔的普遍执行和限制性契约的遵守情况。
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