Mission Produce formalizes CEO employment agreement with $775K base salary, adopts executive severance plan

Mission Produce, Inc.

Stephen Barnard's 5-year employment agreement includes $775K base salary, target annual bonus of 100% of base (max 200%).
CEO severance: 2x (base + target bonus) for termination without cause/good reason outside CIC; full equity vesting during CIC.
Severance Plan for CFO Bryan Giles and GC Joanne Wu: 1x (base+target) outside CIC, 1.5x inside CIC, plus COBRA and equity vesting.
All benefits conditioned on signing release; 24-month non-solicitation covenant applies.

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