Omega Healthcare extends executive employment agreements, enhances compensation for President and General Counsel

OMEGA HEALTHCARE INVESTORS INC

Omega entered amendments to extend named executive officer employment terms to Dec 31, 2028, and adjust annual salaries.
For President Matthew Gourmand: annual bonus at high performance increased from 125% to 200% of base salary; severance multiplier raised from 2x to 3x.
For Chief Legal Officer Gail Makode: severance multiplier increased from 1.5x to 2x; restrictive covenants extended from 18 months to 2 years.
Gourmand's post-termination non-competition/non-solicitation period extended from 2 to 3 years.

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