Montrose cancels unvested 2021 SARs for executives, agrees to amend severance plan

Onterris, Inc.

Board approved cancellation of unvested stock appreciation rights granted Dec 16, 2021 to named executive officers and other executives.
Cancellation effective Dec 31, 2024; voluntary and not in exchange for any other equity or cash compensation.
In consideration, Company agreed to make future amendments to its executive severance plan.
No new equity or cash awards were issued in connection with the cancellation.

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