RadNet enters new CEO employment agreement with Dr. Howard Berger; base salary $1.5M, enhanced severance

RadNet, Inc.

Annual base salary of $1.5M, of which $500k is paid by BRMG; eligible for bonus and incentive plans (bonus paid by BRMG).
Time-based equity awards fully vest upon a change in control of RadNet.
Severance on qualifying termination: up to 200% base salary plus 200% average cash bonus, reduced by $2.5M Berger Termination Payment.
COBRA premium and life insurance continued for up to 2 years after qualifying termination.
Agreement replaces prior 1992 employment agreement; Management Consulting Agreement with BRMG remains unchanged.

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