July 24, 2023: AdaptHealth enters new employment agreement with CTO Albert Prast ($450K base, 100% bonus target)

AdaptHealth Corp.

Annual base salary of $450,000; target annual incentive bonus equal to 100% of base salary.
Severance: if terminated without cause or resigns for good reason, continued base salary for up to 2 years and COBRA for 9 months.
If resigns without good reason on second anniversary, unvested equity awards continue vesting through third anniversary.
Entered into restrictive covenant agreement with 18-month non-compete/non-solicit and indefinite non-disparagement.
Agreement effective July 24, 2023; replaces prior employment agreement with Aerocare Holdings from 2014.

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