Innodata signs Singhal employment pact ($500k base); amends CEO Abuhoff's equity vesting

INNODATA INC

President/CRRO Singhal receives $500k base salary, target bonus of 75% of base.
Severance on non-Cause termination: 200% of base plus highest recent bonus, paid over 24 months.
Change-of-Control severance: lump sum equal to 300% of base plus highest bonus, plus 36 months benefits.
CEO Abuhoff's amendment: uncompleted performance-based awards accelerate at 100% of payout target.

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