leadership
confidence high
sentiment neutral
materiality 0.50
Palisade Bio revises CEO/CFO J.D. Finley's employment agreement; salary unchanged
PALISADE BIO, INC.
- Base salary stays at $542,000 per year; target bonus remains up to 50% of base.
- Non-CIC severance: 12 months base salary continuation plus COBRA premiums.
- CIC severance: lump sum of 18 months base plus 100% target bonus, 18 months COBRA, full acceleration of time-based equity.
- Agreement is at-will; executive must sign release for severance benefits.