other material
confidence high
sentiment neutral
materiality 0.55
Harvard Bioscience grants Interim CFO Mark Frost $100K retention bonus tied to debt refinancing
HARVARD BIOSCIENCE INC
- Retention bonus of $100,000 for Interim CFO Mark Frost upon successful refinancing of term loan and revolver before March 15, 2026.
- Replaces prior $50,000 cash bonus from the April 10, 2025 offer letter.
- If terminated without cause before retention date, receives 5 months base salary and COBRA continuation.
- Refinancing refers to company's existing term loan and senior revolving credit facility; Board determines success.