other material
confidence high
sentiment neutral
materiality 0.30
Harmonic amends change of control severance agreement with Neven Haltmayer
HARMONIC INC.
- Involuntary termination within 18 months after Change of Control triggers 100% base salary, bonus (greater of 100% target or 2-year avg), 1-year benefits, full equity acceleration.
- Upon a Video Transaction, 50% of unvested RSUs accelerate if employee remains employed through closing; separate severance for termination within 12 months.
- Agreement approved by compensation committee on Nov 30, 2023, replacing prior version dated March 2018.