Emergent Biosolutions (EBS) has shared an update.
Emergent BioSolutions Inc. has amended compensation agreements with top executives, offering substantial retention bonuses payable by the end of 2024, contingent on their continued employment. These bonuses can be paid earlier if the company undergoes specific financial restructuring events. Executives must return the bonuses if they leave the company under certain conditions, ensuring that these financial incentives are tightly linked to their commitment to the company’s future.
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