leadership
confidence high
sentiment neutral
materiality 0.25
Workiva enters new employment agreement with EVP, Chief Legal Officer Ziegler
WORKIVA INC
- Annual base salary remains $400,000; target bonus of 75% of base for 2023.
- Severance: 2x base salary + target bonus for termination without cause/good reason (non-CIC); 3x for CIC-related.
- Equity awards fully vest upon termination without cause/good reason or death/disability.
- Non-competition and non-solicitation restrictions for 12 months post-termination.
- Agreement effective October 2, 2023, supersedes prior agreement.