Company: EVLVW
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001628280-25-021091
Chunk: 49

Company: Evolv Technologies Holdings, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 49
---
kara, Muelhoefer                                                                            |     | •Lump sum cash payment equal to 12 months base salary;                                                                                             
 •Company-paid COBRA premium payments for a period not exceeding 12 months;                                                                         
 •Lump sum cash payment equal to 100% of target annual cash incentive bonus;                                                                        
 •and Full acceleration of any outstanding, unvested stock options, RSUs, or other equity awards that vest solely on the basis of continued service 
 •Requires execution and non-revocation of a release of claims as a condition to receiving severance benefits                                       |     |                                                                                                                                                    |     |                                                                                                                                                                      |

(1) The Severance Plan requires that the qualifying termination occur 60 days prior to or 12 months following a change in control, or in the case of the CEO, 60 days prior to or 24 months following a change in control.

(2) Mr. Donohue did not receive benefits under the Severance Plan in connection with his departure.

#### John Kedzierski
In connection with Mr. Kedzierski’s appointment as the Company’s President and Chief Executive Officer, the Company and Mr. Kedzierski entered into an offer letter on December 6, 2024, which provides that in addition to the payments and benefits that Mr. Kedzierski is entitled to receive pursuant to the Severance Plan, in the event of a “covered termination” (as defined in the Severance Plan), which occurs after the 12-month anniversary of the grant date of the New Hire Equity Awards (and, in the case of the New Hire MSUs, prior to the last date of the performance period), then, subject to Mr. Kedzierski’s execution and non-revocation of a release of claims, (i) the New Hire MSUs will remain outstanding and eligible to vest based on actual performance through the performance period (prorated based on the number of full months Mr. Kedzierski remains employed or in service during the performance period) and (ii) the number of New Hire RSUs that would have become vested had Mr. Kedzierski remained employed for the six-month period immediately following the date of termination will accelerate in full.

#### Peter George
In connection with his termination on October 30, 2024, Mr. George was eligible to receive severance benefits under the Severance Plan equal to (i) 12 months of salary continuation at Mr. George’s