other_material
confidence high
sentiment neutral
materiality 0.20
Rallybio enters into employment agreement with CMO Steven Ryder; base salary $531,227
Rallybio Corp
- Base salary $531,227 per year; target annual bonus of up to 40% of base salary.
- Initial one-year term auto-renewing annually unless 60-day non-extension notice given.
- Severance on non-cause/good reason termination: 12 months base salary and COBRA premiums.
- Change-in-control severance: 1.5x (base + target bonus) paid over 18 months plus full vesting of time-based equity.
- Non-compete and non-solicit covenants apply during employment and for one year post-termination.
item 5.02item 9.01