HubSpot adopts Executive Severance Plan for CEO and named executives

HUBSPOT INC

Plan covers CEO and named executives (excluding Halligan and Shah) for qualifying terminations outside and during Change in Control.
Outside Change in Control: severance equals base salary plus pro-rated target bonus paid over 12 months; CEO gets 12-month equity vesting acceleration.
During Change in Control: lump sum; CEO gets 1.5x base salary + bonus, 18 months COBRA, full equity vesting; others get base salary + bonus, 12 months COBRA, full vesting.
Plan effective April 10, 2025, terminates April 10, 2028 unless extended.
Severance conditioned on release, confidentiality, non-disparagement, and possible one-year non-compete.

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