Liquidia Technologies Enhances Executive Severance Benefits

An update from Liquidia Technologies Inc (LQDA) is now available.

Liquidia Corporation has revamped its Executive Severance and Change in Control Plan, offering enhanced severance benefits to key employees, including executive officers, in the event of certain terminations. The updated plan, effective immediately, outlines tiered severance packages based on employee designation, providing a range of benefits from extended salary payments to full vesting of unvested equity and COBRA premium coverage. These benefits vary if the termination occurs outside or within a specific period surrounding a change in corporate control, aiming to ensure fair compensation and support for departing executives.

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