Aurora adopts executive severance policy with CIC benefits: 100% salary + prorated bonus + equity acceleration

Aurora Innovation, Inc.

Policy covers named executive officers and designated key employees; effective August 14, 2023.
In a change-in-control termination: lump sum = 100% annual base salary + 100% target bonus (prorated), 12-month COBRA, full time-equity acceleration.
Non-CIC termination: 6 months base salary continuation + 6-month COBRA.
Policy has a 3-year initial term, auto-renews annually unless Company gives 60-day non-renewal notice.
Benefits subject to signing a release and potential clawback if later found Cause existed.

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