leadership
confidence high
sentiment neutral
materiality 0.50
CPSI enters employment agreement with CEO Christopher L. Fowler; base salary $600K, $500K equity grant
TruBridge, Inc.
- Base salary of $600,000 per year; eligible for annual bonus and participation in the 2019 Incentive Plan.
- Restricted stock award of $500,000 grant-date value, vesting one-third per year over three years.
- Initial term of one year with automatic one-year renewals unless 90 days' advance notice of non-renewal.
- Severance: 1.5x base salary plus target bonus for without-cause/good-reason termination; 2x for CIC-related termination within 12 months.
- COBRA premium reimbursement for up to 18 months in certain termination scenarios.