Astrotech adopts transaction bonus plan up to 10% of net proceeds; CFO separation with $122,795 payment

ASTROTECH Corp

Transaction Bonus Plan approved: bonus pool equals 10% of first $50M net proceeds, 5% of $50-100M, 2% over $100M; minimum $30M net proceeds to activate.
CFO Jennifer Canas resigned Oct 17; separation agreement provides $122,795 cash payment and COBRA through April 30, 2026.
Participants forfeit bonus if they leave before qualifying transaction closes, except for qualifying termination within 6 months pre-close.
Plan effective until earlier of 5 years or Board termination; payment in cash within 30 days after closing, subject to release.

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