Blaize Holdings Unveils New Executive Severance and Change-in-Control Compensation Plan
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Blaize Holdings Inc. has introduced new severance and change-in-control compensation agreements for senior executives, including Santiago Fernandez-Gomez and Harminder Sehmi. Executives terminated without cause will receive a lump sum severance of twelve months' salary, a pro-rata annual bonus, continued medical benefits, and immediate vesting of equity awards. CEO Dinakar Munagala's agreement includes eighteen months' salary and full vesting of equity in non-change in control terminations. These agreements replace previous arrangements.
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