Guardant Health amends executive severance plan with enhanced benefits for Co-CEOs

Guardant Health, Inc.

Amendment approved May 24, 2024; applies to all executives including named officers.
Non-CIC termination: 12 months base salary (lump sum), prorated target bonus, 12 months COBRA.
CIC termination: 18 months salary (24 for Co-CEOs), full target bonus, full equity vesting.
Co-CEOs' 2024 long-term awards vest fully on termination before 2026; PSUs vest at up to 250% target if CIC before 2025.
Co-CEOs receive annual RSU/PSU awards in lieu of salary and bonus; severance reflected in accelerated vesting.

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