Ardent Health finalizes separation agreement with ex-CEO Bonick; severance 2x salary+bonus, 12-month non-compete

Ardent Health, Inc.

Martin Bonick's employment terminated June 2, 2026; separation agreement signed June 26, 2026.
Severance: cash payments equal to 2x (annual salary + target bonus) paid over time.
COBRA health coverage reimbursed for up to 18 months following separation.
Bonick subject to 12-month non-compete within 50-mile radius of company facilities.
Equity vesting (RSUs, PRSUs, RSAs) governed by existing award agreements.

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