Carmell enters CEO employment agreement with Rajiv Shukla; $425K total comp, severance terms

Longevity Health Holdings, Inc.

CEO Rajiv Shukla receives total annual compensation of $425,000: 75% cash ($318,750 base), 25% in quarterly vested shares.
Annual bonus target is 50% of total comp ($212,500), paid 75% cash, 25% stock, based on board discretion.
Severance on termination without cause: 12 months base salary outside protected period; 18 months salary plus target bonus and equity acceleration during protected period.
Agreement effective July 15, 2023; includes restrictive covenants on confidentiality, non-compete, non-solicit.

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