---
title: "Integer appoints Payman Khales amendments, retention bonuses for five executives"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287401921.md"
description: "Integer has approved employment amendments and retention bonuses for five executives, including Payman Khales, effective May 20, 2026. The bonuses aim to provide vesting protection around change in control, with amounts ranging from $408,000 to $1,750,000. The amendments also include performance-based equity vesting for certain terminations related to change in control."
datetime: "2026-05-22T20:23:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287401921.md)
  - [en](https://longbridge.com/en/news/287401921.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287401921.md)
generator: "portal-rs"
---

# Integer appoints Payman Khales amendments, retention bonuses for five executives

**Integer approved employment and change-in-control amendments for Payman Khales and granted retention bonuses to Khales, Diron Smith, Lindsay K. Blackwood, Andrew Senn and Jim Stephens.**

Individual

Payman Khales

Diron Smith

Lindsay K. Blackwood

Andrew Senn

Jim Stephens

Role

President and Chief Executive Officer

Executive (unspecified)

Executive (unspecified)

Executive (unspecified)

Executive (unspecified)

Type of Change

Amendment to employment and change-in-control agreements; retention bonus approved

Amendment to Change of Control Agreement; retention bonus approved

Amendment to Change of Control Agreement; retention bonus approved

Amendment to Change of Control Agreement; retention bonus approved

Amendment to Change of Control Agreement; retention bonus approved

Effective Date

May 20, 2026 (Board approval); retention vesting dates: Dec 31, 2026 and upon change in control (if any)

May 20, 2026 (Compensation Committee approval); retention vesting dates: Dec 31, 2026 and upon change in control (if any)

May 20, 2026 (Compensation Committee approval); retention vesting dates: Dec 31, 2026 and upon change in control (if any)

May 20, 2026 (Compensation Committee approval); retention vesting dates: Dec 31, 2026 and upon change in control (if any)

May 20, 2026 (Compensation Committee approval); retention vesting dates: Dec 31, 2026 and upon change in control (if any)

Reason

Strategic review to maximize stockholder value; provide vesting protection around change in control

Provide vesting protection around change in control

Provide vesting protection around change in control

Provide vesting protection around change in control

Provide vesting protection around change in control

Retention Bonus Amount

$1,750,000

$980,000

$816,750

$408,000

$451,350

Replacement Info

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Background Details

Amendments grant vesting at greater of target and actual performance for performance-based equity upon certain CIC-related terminations

Amendments include similar performance-based equity vesting for CIC-related terminations (applies within 24 months after CIC)

Amendments include similar performance-based equity vesting for CIC-related terminations (applies within 24 months after CIC)

Amendments include similar performance-based equity vesting for CIC-related terminations (applies within 24 months after CIC)

Amendments include similar performance-based equity vesting for CIC-related terminations (applies within 24 months after CIC)

Board/Committee Role Changes

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Original SEC Filing: Integer Holdings Corp \[ ITGR \] - 8-K - May. 22, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**