American Well (AMWL) has issued an announcement.
American Well Corporation has amended its Employment Agreement with Chief Commercial & Growth Officer Kathy Weiler, outlining new terms if she terminates her employment without Good Reason. Should Weiler leave after June 1, 2025, without taking a new position within the company, she is set to receive accrued compensation, unpaid bonuses, a pro-rated annual bonus, a year’s base salary in installments, vesting of equity awards due within a year, and one year of COBRA benefits. Additionally, the company will cover up to $15,000 of her legal fees related to the amendment.
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