inTEST Corporation (INTT) has released an update to notify the public and investors about its officers.
inTEST Corporation has concluded a separation agreement with former employee Scott Nolen, which includes a severance package of $95,266.13, vesting of certain performance shares, and a potential 2023 Short Term Incentive Bonus, based on the company’s performance. This financial settlement is designed to honor the terms of his employment and facilitate a smooth transition following his immediate departure from the company.
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For a comprehensive understanding of the announcement, you can read the full document here.