Company: ICUI
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0000883984-25-000010
Chunk: 34

Company: ICU MEDICAL INC/DE
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 34
---
'>25</div>

March 1, 2022 and will continue until March 1, 2025, unless earlier terminated, and supersedes the employment agreement with Mr. Jain, dated May 8, 2017, as amended. The term of the Agreement is subject to automatic one-year renewal terms unless either the Company or Mr. Jain gives written notice of termination at least 60 days prior to the end of the applicable term.

The Agreement provides for the following compensation in respect of Mr. Jain’s services as Chief Executive Officer of the Company:

• an annual base salary $775,000;

• participation in the annual bonus plan of the Company, pursuant to which Mr. Jain’s target bonus opportunity will not be less than 100% of his base salary;

• Mr. Jain will be considered for annual equity incentive awards under any applicable plans adopted by the Company during the period of employment for which executives are generally eligible;

• up to $10,000 in reimbursed legal fees and expenses incurred in connection with the negotiation of the Agreement; and

• certain other benefits and reimbursements.

The Agreement also provides for certain payments and benefits upon a qualifying termination of employment or upon a change in control, as described under “Potential Payments upon Termination or Change in Control” below.

<div align='center'>26</div>

#### Outstanding Equity Awards at December 31, 2024
The following table contains information about stock and option awards held at December 31, 2024, by our named executive officers. Stock awards and options were granted pursuant to our Amended and Restated 2011 Stock Incentive Plan.

| Name                  |     | Option Awards          
 Number                 
 of                     
 Securities             
 Underlying Unexercised 
 Options                
 (#)                    
 Exercisable            |        |     | Number                 
 of                     
 Securities             
 Underlying Unexercised 
 Options                
 (#)                    
 Unexercisable          |   |     | Option Exercise Price 
 ($)                   |       |     | Option Expiration Date |     |          |     | Stock Awards 
 Number       
 of Shares    
 or Units     
 of Stock     
 That Have    
 Not          
 Vested       
 (#)          |       |     | Market    
 Value of  
 Shares or 
 Units of  
 Stock     
 That Have 
 Not       
 Vested    
 ($)       |           |     |    |     | Equity    
 Incentive 
 Plan      
 Awards:   
 Number    
 of        
 Unearned  
 Shares,   
 Units or  
 Other     
 Rights    
 That Have