Kiora formalizes employment agreements with CFO and CDO; base salaries $337K and $443K

KIORA PHARMACEUTICALS INC

Eric Daniels (CDO) receives $443,000 annual base salary, 40% bonus target, and $6,500/month relocation gross-up for 15 months.
Melissa Tosca (CFO) receives $337,000 annual base salary, 40% bonus target, and severance of 6 months' salary plus 0.5x max bonus.
Both agreements provide full equity acceleration upon a change of control and partial vesting on qualifying termination.
Daniels must reimburse 50% of relocation costs if he resigns or is fired for cause within 12 months.
Agreements executed January 10, 2025, effective January 1, 2025, for Daniels and formalizing Tosca's promotion.

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