KALA BIO enters retention agreements with three top executives; bonuses tied to CHASE trial data

KALA BIO, Inc.

Retention bonuses: Bazemore $281,190, Reumuth $234,000, Brazzell $260,000.
Bonuses payable by April 18, 2025; clawback if executive resigns or is terminated for cause before earlier of Sept 30, 2025 or CHASE trial topline data announcement.
CHASE trial of KPI-012 topline data expected Q3 2025 per exhibit.
Coverage includes Interim CEO, CFO, and Head of R&D/CMO, focusing on retaining key personnel ahead of trial results.

item 5.02 item 9.01

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