Windtree Therapeutics finalizes CFO Jamie McAndrew's employment agreement; base salary $370K

WINDTREE THERAPEUTICS INC /DE/

Employment agreement finalized Nov 8, 2024; annual base salary $370,000.
Eligible for year-end bonus target 40% of base salary, at Compensation Committee discretion.
Termination without cause or for good reason: 12 months base salary severance, pro-rata bonus, COBRA.
Change of control: 1.5x (base + target bonus) lump sum, full equity acceleration, 18 months COBRA.

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