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DocuSign, Inc. has announced the departure of Inhi Cho Suh, the company's President of Product and Technology, effective February 14, 2024. The separation, which was not due to any disagreement with the company, entitles Ms. Suh to severance benefits as per her Severance Agreement. These benefits include a cash severance of $525,000, equivalent to her annual base salary, a similar amount for her on-target bonus for fiscal 2025, up to 12 months of COBRA coverage, and an acceleration of 12 months' vesting of her time-based equity awards. Additionally, Ms. Suh may still vest in a portion of her performance-based restricted stock units if performance goals are met. The company also amended and restated its Executive Severance and Change in Control Agreements for other key executives, enhancing severance benefits during a specified period to strengthen retention incentives.
DocuSign, Inc. has announced the departure of Inhi Cho Suh, the company's President of Product and Technology, effective February 14, 2024. The separation, which was not due to any disagreement with the company, entitles Ms. Suh to severance benefits as per her Severance Agreement. These benefits include a cash severance of $525,000, equivalent to her annual base salary, a similar amount for her on-target bonus for fiscal 2025, up to 12 months of COBRA coverage, and an acceleration of 12 months' vesting of her time-based equity awards. Additionally, Ms. Suh may still vest in a portion of her performance-based restricted stock units if performance goals are met. The company also amended and restated its Executive Severance and Change in Control Agreements for other key executives, enhancing severance benefits during a specified period to strengthen retention incentives.
DocuSign, Inc.宣布该公司产品与技术总裁Inhi Cho Suh离职，自2024年2月14日起生效。此次离职不是由于与公司的任何分歧，苏女士有权根据遣散费协议获得遣散费。这些福利包括52.5万美元的现金遣散费，相当于她的年基本工资，类似金额的2025财年目标奖金，长达12个月的COBRA保险，以及加快12个月的按时股票奖励的授予。此外，如果实现业绩目标，苏女士仍可能投资部分基于业绩的限制性股票单位。该公司还修订并重申了针对其他主要高管的高管遣散费和控制权变更协议，增加了特定期限内的遣散费，以加强留用激励。
DocuSign, Inc.宣布该公司产品与技术总裁Inhi Cho Suh离职，自2024年2月14日起生效。此次离职不是由于与公司的任何分歧，苏女士有权根据遣散费协议获得遣散费。这些福利包括52.5万美元的现金遣散费，相当于她的年基本工资，类似金额的2025财年目标奖金，长达12个月的COBRA保险，以及加快12个月的按时股票奖励的授予。此外，如果实现业绩目标，苏女士仍可能投资部分基于业绩的限制性股票单位。该公司还修订并重申了针对其他主要高管的高管遣散费和控制权变更协议，增加了特定期限内的遣散费，以加强留用激励。
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