374Water ex-General Counsel Peter Mandel receives $150K severance, $25K/month consulting

374Water Inc.

Mandel stepped down as General Counsel Oct 8, 2025; separation agreement dated Oct 20, 2025.
Severance includes $150,000 cash (six months base salary) plus $3,454 for COBRA premiums.
Prorated 2025 annual bonus guaranteed at least $80,000 if no bonus determination by Mar 30, 2026.
Unvested time-based equity vests at consulting period end; performance-based equity forfeited.
Post-termination option exercise period extended to one year after consulting; consulting fee $25K/month for initial 3-month term.

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