USPH amends executive severance to add pro rata incentive awards for five officers

U S PHYSICAL THERAPY INC /NV

Amended employment agreements for CEO Reading, President Williams, COO Reeve, CFO Hendrickson, GC Binstein.
Enhanced severance: two years base pay plus greater of last year bonus or three-year average bonus.
New: pro rata portion of subjective and objective incentive plan awards in year of termination.
All restricted stock owned by executive vests immediately upon termination without cause or for good reason.
For COO Reeve, change-of-control benefit of $283,333 added; effective date May 27, 2024.

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