Company: ADPT
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001193125-25-103752
Chunk: 57

Company: Adaptive Biotechnologies Corp
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 57
---
 claims, the executive officer is entitled to:

| • |     | a lump sum payment equal to 18 months base salary plus 1.5x the target annual cash incentive for Mr. Robins, and 12 months base salary plus 1.0x the target annual cash incentive for Mr. Peterson (prior to his departure), Mr. Piskel, Dr. Benzeno, Dr. Robins and Ms. Rubinstein, as in effect on their respective termination date; |

| • |     | 18 months of COBRA continuation premiums for Mr. Robins, and 12 months of COBRA continuation premiums for Mr. Peterson (prior to his departure), Mr. Piskel, Dr. Benzeno, Dr. Robins and Ms. Rubinstein; |

| • |     | the immediate vesting of all solely time-based unvested equity awards previously granted under our long-term equity incentive plans; and |

| • |     | the Accrued Benefits. |

Voluntary termination, death or disability do not entitle any executive to receive any severance payments or benefits other than Accrued Benefits. Change in Control Benefits Under PSU Awards Mr. Robins, Mr. Piskel, Dr. Robins and Ms. Rubinstein (each a “PSU Recipient”) have each been awarded PSUs subject to our form PSU Award Agreement. Under those PSU Award Agreements, if the PSU Recipient’s employment is terminated prior to the end of the Performance Period due to death or disability, then the PSU Recipient will be entitled to receive a pro rata portion of any shares earned for the Performance Period at the end of the Performance Period. In the event of a Change in Control (as defined in the PSU Award Agreements) that occurs before the end of the Performance Period, Company rTSR achievement shall be measured against the index TSR immediately prior to the date of the Change in Control. If the PSU award will not be assumed in the Change in Control, the earned shares will vest and be delivered immediately prior to the Change in Control. If the award is assumed in a Change in Control, unless the PSU Recipient has been terminated without Cause (as defined in the PSU Award Agreements) or resigned for Good Reason (as defined in the PSU Award Agreements) in each case within three months prior to the Change in Control, or was terminated due to death or disability at any time prior to the Change in Control, the Award shall convert to a time-based