Cingulate Inc. Revises CEO Compensation Terms Following Administrative Leave
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Cingulate Inc. announced revisions to CEO Dr. Shane Schaffer's employment terms, effective December 15, 2025. Changes include reinstating his base salary, revising termination definitions, and adjusting severance terms. Termination for cause now requires a majority of directors, excluding Schaffer. Severance includes a lump sum of one times base salary and bonus, or 1.5 times if termination follows a change in control within 12 months.
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