other material
confidence high
sentiment neutral
materiality 0.35
DocuSign expands enhanced severance for President Stephen Shute to cover any termination without Cause or Good Reason
DOCUSIGN, INC.
- Shute now eligible for 12 months COBRA coverage and 12 months equity vesting acceleration upon any termination without Cause or for Good Reason.
- Previously, enhanced benefits were only available for termination without Cause through December 31, 2024.
- Agreement second amendment and restatement executed March 13, 2024.
- All other terms of Shute's severance agreement remain unchanged.