leadership
confidence high
sentiment neutral
materiality 0.40
Myomo renews CEO Paul Gudonis employment agreement; $350K base salary, term through Dec 2026
MYOMO, INC.
- Base salary of $350,000 with annual bonus opportunity up to 75% of base, effective Jan 1, 2024.
- Three-year at-will term expiring December 31, 2026, automatically continuing unless modified in writing.
- Termination without cause triggers 12 months base salary, bonus, COBRA payments, and accelerated vesting of stock awards for 12 months.
- If terminated without cause within 12 months after a change in control, all stock options and time-based awards fully vest immediately.