Vital Farms amends employment agreements for CEO and COO, adopts change in control severance plan

Vital Farms, Inc.

CEO Russell Diez-Canseco gets $625,000 base salary and 100% target bonus under new agreement effective April 1, 2022.
COO Jason Dale receives $400,000 base salary with 65% target bonus; severance includes up to 18 months' salary continuation.
Change in Control Severance Plan covers CFO Bo Meissner and CSO Peter Pappas, offering 12 months' salary severance plus bonus.
Severance benefits for covered executives include COBRA premium reimbursement, 100% equity acceleration, and extended option exercise periods.

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