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DocuSign (DOCU) has issued an announcement.
DocuSign, Inc. has reinforced its commitment to executive retention by approving enhanced severance benefits for key executives, including a notable update for Stephen Shute, the President of Worldwide Field Operations. These benefits, activated upon certain conditions like termination without cause or resignation for good reason, now include a full year of COBRA coverage and an additional six months of accelerated vesting for time-based equity awards. These amendments aim to strengthen the company’s leadership stability through 2024.
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