Company: TENB
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001660280-25-000058
Chunk: 76

Company: Tenable Holdings, Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 76
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 amended and restated employment agreement, Mr. Yoran’s employment was at will and may have been terminated at any time by us or Mr. Yoran. The employment agreement provided for an initial annual base salary and bonus target, each subject to increase by the Board or Compensation Committee. In connection with entering into his amended and restated employment agreement, Mr. Yoran also entered into an intellectual property, non-disclosure and non-solicitation agreement with us.

Under the terms of his employment agreement, upon termination without cause or resignation for good reason (each as defined in his amended and restated employment agreement), or upon death or disability (as defined in his amended and restated employment agreement), provided he (or his estate, as applicable) signed and did not revoke a separation agreement that included a release of claims, Mr. Yoran (or his estate) is eligible to receive 18 months of continued base salary, payment by the Company of the employer-portion of premiums for continued group health coverage for up to 12 months following termination, and a lump sum cash payment equal to Mr. Yoran’s target annual bonus for the year in which the termination occurred, prorated based on the last day of employment and reduced by the amount of any quarterly bonuses previously paid or due for the year in which the termination occurred. Upon termination without cause or resignation for good reason within the three months prior to or 12 months following a change in control (as defined in his amended and restated employment agreement), provided he signed and did not revoke a separation agreement that included a release of claims, Mr. Yoran was eligible to receive the same base salary severance and group health plan contributions set forth above (provided that the base salary severance would be paid in a lump sum), a bonus severance payment equal to the sum of (i) 1.5 times Mr. Yoran’s target annual bonus for the year in which the termination occurred, prorated based on the last day of employment and reduced by the amount of any quarterly bonuses previously paid or due for the year

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in which the termination occurred, plus (ii) 1.5 times Mr. Yoran’s target annual bonus for the year in which the termination occurred, and accelerated vesting in full of any outstanding unvested equity incentive awards held by Mr. Yoran. Such severance was further conditioned upon Mr. Yoran’s compliance with certain non-disclosure and non-solicitation obligations and resignation from all