other material
confidence high
sentiment neutral
materiality 0.35
Intensity Therapeutics adopts incentive compensation plan for salaried employees and executive officers
INTENSITY THERAPEUTICS, INC.
- Plan adopted Feb 6, 2024, effective retroactively to Oct 1, 2023, for all salaried employees including executive officers.
- Bonuses based on Performance Goals tied to individual performance and company milestones; CEO sets goals, Board approves.
- Award formula uses percentage of salary multiplied by weighted percentages for individual and company performance; leadership accountability weighting varies by level.
- Payments made on or about March 31 of following year; subject to clawback policy adopted Oct 23, 2023.