Eledon amends CEO Performance Bonus; increases max payout to $15M at $1.5B market cap

Eledon Pharmaceuticals, Inc.

CEO David-Alexandre Gros' employment agreement amended to modify Performance Bonus market value cap.
Bonus threshold of $6M at $600M market cap remains unchanged.
Maximum bonus increased to $15M at $1.5B market cap using linear interpolation.
Agreement entered Dec 16, 2024; filed Dec 20, 2024.

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