other material
confidence high
sentiment neutral
materiality 0.50
OrthoPediatrics inks new employment pacts with CEO, CFO, and three other NEOs
ORTHOPEDIATRICS CORP
- CEO Bailey base salary $550k; CFO Hite $501k; Odle/Gerritzen $368k; Hauser $400k.
- Severance: 30 months base + 2.5x avg bonus if terminated w/o cause or for good reason.
- Three-year initial term, auto-renew one-year; non-compete extends 30 months post-termination.
- Change-of-control triggers severance if employment terminated or title changed within 12 months.