MarketAxess (MKTX) grants enhanced severance protection to executive Gerosa

MARKETAXESS HOLDINGS INC

Severance protection agreement with Christopher N. Gerosa approved; initial 5-year term renews automatically.
Pre-change-in-control severance: 1x base salary plus avg bonus, paid over 12 months; post-CIC: 1.5x lump sum.
Equity vesting continues for 12 months (pre-CIC) or vests immediately (post-CIC) on qualifying termination.
COBRA premium coverage for 12 months (pre-CIC) or 18 months (post-CIC); death/disability triggers 0.5x severance.
Agreement conditioned on signing release and non-compete; indemnification and D&O coverage provided.

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