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DocuSign | 8-K: DocuSign, Inc. Second Amended and Restated Executive Severance and Change in Control Agreement

DocuSign | 8-K: Current report

DocuSign | 8-K：重大事件
美股sec公告 ·  03/15 16:18
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DocuSign, Inc. has filed a Form 8-K with the Securities and Exchange Commission on March 13, 2024, announcing the approval of enhanced severance benefits for its executive officers. The Compensation and Leadership Development Committee of the company's Board of Directors approved the Amended and Restated Executive Severance and Change in Control Agreement, which includes enhanced benefits for certain executive officers, including Stephen Shute, President of Worldwide Field Operations. The agreement, initially filed on January 16, 2024, has been amended to provide eligibility for enhanced benefits upon termination without 'Cause' or resignation for 'Good Reason' at any time, extending the previous condition that only covered terminations without 'Cause' through December 31, 2024. The enhanced benefits include 12 months of COBRA coverage and 12 months of vesting acceleration for time-based equity awards, an increase from the previous six months. The rest of the terms in Mr. Shute's agreement remain unchanged. The full text of the second amendment and restatement of the agreement, known as the Shute Second Restatement, was filed as Exhibit 10.1.
DocuSign, Inc. has filed a Form 8-K with the Securities and Exchange Commission on March 13, 2024, announcing the approval of enhanced severance benefits for its executive officers. The Compensation and Leadership Development Committee of the company's Board of Directors approved the Amended and Restated Executive Severance and Change in Control Agreement, which includes enhanced benefits for certain executive officers, including Stephen Shute, President of Worldwide Field Operations. The agreement, initially filed on January 16, 2024, has been amended to provide eligibility for enhanced benefits upon termination without 'Cause' or resignation for 'Good Reason' at any time, extending the previous condition that only covered terminations without 'Cause' through December 31, 2024. The enhanced benefits include 12 months of COBRA coverage and 12 months of vesting acceleration for time-based equity awards, an increase from the previous six months. The rest of the terms in Mr. Shute's agreement remain unchanged. The full text of the second amendment and restatement of the agreement, known as the Shute Second Restatement, was filed as Exhibit 10.1.
DocuSign, Inc.已于2024年3月13日向美国证券交易委员会提交了8-K表格，宣布批准增加其执行官的遣散费。公司董事会薪酬和领导力发展委员会批准了经修订和重述的高管离职和控制权变更协议，其中包括为包括全球现场运营总裁Stephen Shute在内的某些执行官提供更多福利。该协议最初于2024年1月16日提交，现已进行了修订，规定在没有 “原因” 的情况下解雇或在任何时候出于 “正当理由” 辞职时都有资格获得增强福利，将先前仅涵盖没有 “原因” 的解雇的条件延长至2024年12月31日。增强后的福利包括12个月的COBRA保险期和12个月的定时股票奖励加速归属，较前六个月有所增加。舒特先生协议中的其余条款保持不变。该协议第二修正案和重述的全文，即舒特第二次重述，已作为附录10.1提交。
DocuSign, Inc.已于2024年3月13日向美国证券交易委员会提交了8-K表格，宣布批准增加其执行官的遣散费。公司董事会薪酬和领导力发展委员会批准了经修订和重述的高管离职和控制权变更协议，其中包括为包括全球现场运营总裁Stephen Shute在内的某些执行官提供更多福利。该协议最初于2024年1月16日提交，现已进行了修订，规定在没有 “原因” 的情况下解雇或在任何时候出于 “正当理由” 辞职时都有资格获得增强福利，将先前仅涵盖没有 “原因” 的解雇的条件延长至2024年12月31日。增强后的福利包括12个月的COBRA保险期和12个月的定时股票奖励加速归属，较前六个月有所增加。舒特先生协议中的其余条款保持不变。该协议第二修正案和重述的全文，即舒特第二次重述，已作为附录10.1提交。
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