leadership
confidence high
sentiment neutral
materiality 0.45
GoodRx enters $500k retention bonus agreement with COO Raj Beri
GoodRx Holdings, Inc.
- COO Raj Beri receives $500k cash retention bonus if continuously employed from May 24, 2023 to May 24, 2024.
- Bonus forfeited if Beri resigns (except for "Good Reason") or is terminated for cause during retention period.
- If involuntarily terminated without cause, Beri receives pro-rata bonus based on time served during retention period.
- Defined "Good Reason" includes >10% salary cut or material reduction in duties; "Cause" includes felony, fraud, misconduct.