Aspen Aerogels enters new employment agreements with five senior VPs, setting base salaries and bonus targets

ASPEN AEROGELS INC

Base salaries set: Conte (HR) $300K; Landes (Ops) $400K; Rodriguez (CFO) $350K; Whitaker (Sales) $400K; Schilling (Tech) $400K; bonus targets 50-55% of base.
Pre-change of control severance: base salary plus bonus target, pro rata bonus, 12 months COBRA, outplacement services.
Post-change of control severance (within 24 months): 2x (base + bonus), full vesting of options (excl. SEIG awards), 24 months COBRA.
Agreements auto-renew annually unless 60-day notice; include confidentiality, non-compete, and non-solicitation clauses.

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