other material
confidence high
sentiment neutral
materiality 0.25
Definitive Healthcare adopts executive severance plan with up to 9 months of benefits
Definitive Healthcare Corp.
- Eligible employees get 9 months salary continuation (tenured ≥2 yrs) or 6 months (<2 yrs).
- Prorated annual target bonus payable only if Qualifying Termination occurs on/after July 1.
- Time-based equity awards accelerate vesting through 9 or 6 months post-separation.
- COBRA premium reimbursement for up to 6 or 9 months; benefits contingent on signing a release.
- Plan effective Nov. 17, 2023; non-duplicative with other severance arrangements.