Simulations Plus enters amended employment agreements with five top executives

Simulations Plus, Inc.

CEO Shawn O'Connor: base salary $514,800, target cash bonus 75% of base (up to $75K discretionary plus 7,500 extra options).
CFO Will Frederick: base salary $337,500, target cash bonus 35% of base, target 20,000 stock options.
Presidents Howell, DiBella, Fiedler-Kelly: base salaries $274.6K/$337.5K/$314.6K; target cash bonus 25% of base, target 15,000 options each.
Severance for all: 12 months base salary (or greater of 12 months/remainder for presidents) plus COBRA for termination without cause.
Agreements effective Nov 1, 2023 (CEO retro to Sept 1, 2023); replace prior agreements.

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