Company: INV
Filing Date: 2025-05-09
Form Type: DEF 14A
Source: 0001628280-25-024060
Chunk: 69

Company: Innventure, Inc.
Filing Date: 2025-05-09
Form: DEF 14A
Chunk 69
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) Plan”), under which participating employees may contribute up to 99% of their

eligible compensation into their 401(k) Plan accounts, subject to applicable limits under the U.S. Internal Revenue Code.

Mr. Haskell participated in the 401(k) Plan in 2024.

Innventure did not offer a defined benefit pension plan or nonqualified deferred compensation plan for its NEOs

during 2024.

Severance and Change in Control Compensation

Severance Under NEO Arrangements

None of the agreements or offer letters with the NEOs provide for severance compensation in the event of a

termination of employment.

Innventure Equity Compensation

In general, RSUs, stock options and Accelsius SARs granted under the 2024 Plan are eligible to vest or are

automatically exercised as follows in the event of certain termination and change in control scenarios.

RSUs. If an NEO’s employment is terminated due to death or disability, the RSUs will vest in full. If an NEO

remains employed through the date of a “change in control” (as defined for purposes of the applicable equity awards) and a

replacement award is not provided, the RSUs will vest in full. If a replacement award is provided and, at any point within

twelve months following a “change in control,” the employment of an NEO is terminated by the Company (or its

successor) without “cause” or by the NEO for “good reason,” unvested RSUs held by the NEO will vest in full.

Stock Options. If an NEO’s employment is terminated due to death or disability, the unvested portion of the option

will vest in full upon termination. If an NEO remains employed through the date of a “change in control” (as defined for

purposes of the applicable equity awards) and a replacement award is not provided, the option will vest in full. If a

replacement award is provided and, at any point within two years following a “change in control,” the employment of an

NEO is terminated by the Company (or its successor) without “cause” or by the NEO for “good reason,” the replacement

award will vest in full.

Accelsius SARs. The Accelsius SARs granted in December 2024 were fully vested upon grant and will be

automatically exercised upon the earliest to occur of: (i) the 24-month anniversary of the Date of Grant (as defined in the

applicable award agreement), (ii)