Company: OSIS
Filing Date: 2025-10-22
Form Type: DEF 14A
Source: 0001104659-25-101517
Chunk: 46

Company: OSI SYSTEMS INC
Filing Date: 2025-10-22
Form: DEF 14A
Chunk 46
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 Summary Compensation Table above. (2) Represents matching contribution. No discretionary contributions were made in fiscal year 2025. EMPLOYMENT AGREEMENTS We have entered into employment agreements with Messrs. Mehra, Edrick, and Sze. Mr. Chopra’s employment agreement expired by its terms on January 1, 2024, and Mr. Chopra does not currently have an employment agreement with the Company. Mr. Mansouri’s employment agreement expired by its terms on January 1, 2025, and Mr. Mansouri does not currently have an employment agreement with the Company. Ajay Mehra’s, Alan Edrick’s and Victor Sze’s Employment Agreements On April 29, 2024, Ajay Mehra, then our Executive Vice President and President OSI Security Division, Alan Edrick, our Executive Vice President and Chief Financial Officer, and Victor Sze, our Executive Vice President and General Counsel entered into Amended and Restated Employment Agreements. Mr. Mehra’s agreement was amended effective January 1, 2025 in connection with his appointment as Chief Executive Officer. For purposes of this section, Messrs. Mehra, Edrick and Sze are each individually referred to as the “Executive.” Other than differences described herein, the terms of such agreements are substantially identical to each other. Unless the agreement is terminated earlier in accordance with its terms, the agreement has a one year term that shall automatically be extended for successive one year periods, unless either party delivers notice of non-renewal to the other party at least 30 days prior to the end of the initial term or any renewal period then in effect. The agreements provide for an initial annual base salary of $750,000 for Mr. Mehra, $519,120 for Mr. Edrick and $448,050 for Mr. Sze. The Executive is also eligible to receive bonus payments from the bonus pool established by us for our officers and employees and to participate in incentive compensation and other employee benefit plans established by us. The agreement contains certain restrictive covenants and other prohibitions that protect our proprietary and confidential information following termination and preclude the Executive during the term of the agreement and for 18 months thereafter from soliciting for hire any individual that was an executive, supervisor or manager of the Company on, or within 90 days prior to, the Executive’s last date of employment with us. Each Executive’s

OSI SYSTEMS, INC. 2025 Proxy Statement | 53

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