leadership
confidence high
sentiment neutral
materiality 0.30
AdaptHealth enters new CTO employment agreement with Albert Prast; base salary $450K
AdaptHealth Corp.
- Annual base salary of $450,000; target annual bonus of 100% of base salary.
- Eligible for equity awards beginning 2025; Compensation Committee intends $1M annual grant.
- Severance: 18 months base salary continuation plus COBRA on qualifying termination.
- Restrictive covenants include 18-month non-compete, 24-month non-solicit, indefinite confidentiality.
- New agreement dated Oct 30, 2024 supersedes prior July 2023 employment contract.