other material
confidence high
sentiment neutral
materiality 0.50
Adopts change-in-control severance (1.5x-2x) for three executives; effective Jan 1, 2023
INTEGRA LIFESCIENCES HOLDINGS CORP
- Covers CFO Carrie Anderson (2x salary+bonus) and Presidents Davis Jr. and McBreen (1.5x).
- Qualifying termination within 2 yrs after change in control triggers lump sum, COBRA, outplacement.
- Term through Dec 31, 2023; auto-extends upon change in control.
- Replaces expiring program; requires release of claims.