Outbrain finalizes CFO Jason Kiviat's employment agreement: $330k salary, 50% target bonus, 100k RSUs

Teads Holding Co.

Annual base salary of $330,000; target annual cash bonus set at 50% of base salary (25% for 2022).
Equity grant of 100,000 restricted stock units vesting in 16 equal quarterly installments starting Sep 5, 2022.
Severance on termination without cause or for good reason: half of base salary, pro-rata bonus, 6 months COBRA subsidy.
In a change-in-control termination: additional full vesting of equity awards and severance equal to half base salary plus target bonus.
Non-competition covenant for 6 months; non-solicitation of employees and customers for 12 months.

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