other material
confidence high
sentiment neutral
materiality 0.20
NortonLifeLock and Avast amend merger co-operation agreement, adjust LTIP share cap
Gen Digital Inc.
- On July 15, 2022, NortonLifeLock and Avast entered into an amendment to the Co-operation Agreement regarding Avast's LTIP.
- The amendment revises the maximum number of Avast shares grantable under the 2018 Long Term Incentive Plan.
- The amendment and restatement agreement is attached as Exhibit 2.01 and effective July 15, 2022.
- This is in connection with the previously announced merger of NortonLifeLock with Avast.