Aware CTO Mohamed Lazzouni departs; receives $312K severance and noncompete

AWARE INC /MA/

CTO Mohamed Lazzouni departed Aware, Inc. effective March 10, 2026.
Severance includes $312,490 salary continuation over 12 months and COBRA subsidy for 12 months.
Time-based stock awards accelerated to vest as if Lazzouni remained employed for 12 more months.
Noncompete agreement prohibits competition until March 9, 2027, and includes non-solicitation.

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