leadership
confidence high
sentiment neutral
materiality 0.35
CareDx enters amended change-of-control severance deal with CFO Abhishek Jain
CareDx, Inc.
- CFO Abhishek Jain gets 12 months base salary lump sum, full equity vesting, and target bonus upon qualifying termination 3 months before or 12 months after a change of control.
- Outside the change-of-control period, Jain receives 12 months base salary paid periodically plus 12 months COBRA reimbursement.
- New agreement dated March 27, 2025, supersedes the prior 2022 agreement and remains in effect while Jain is employed.
- If termination occurs before first anniversary, equity awards vest pro rata for the initial 25% cliff tranche only.