other material
confidence high
sentiment neutral
materiality 0.55
Neurogene amends CSO Stuart Cobb's consulting agreement; sets $440K annual fee, success bonus up to 40%
Neurogene Inc.
- Dr. Stuart Cobb to continue as CSO under amended consulting agreement with Neurogene.
- Minimum annual consulting fee of $440,000 paid monthly; eligible for annual success fee of up to 40%.
- Termination without cause or for good reason: lump sum of 1.0x annual fee plus pro-rata bonus (non-CIC) or (CIC) includes equity acceleration.
- Agreement effective April 19, 2024; replaces prior consulting agreement from December 2018.