Company: THRM
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001140361-25-010582
Chunk: 60

Company: Gentherm Inc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 60
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 the amount of $400,000, 60% of which vest based on company financial measures over the first three years of Ms. Runyon’s employment and 40% of which vest equally over the  
 first three year of Ms. Runyon’s employment without performance conditions.                                                                                                                                                              |

80 | 2025 PROXY STATEMENT

| Ms. Xu | •On August 6, 2019, the Company extended a letter of employment                                                                                                                                                                   
 to Ms. Xu (the “Xu offer letter”).                                                                                                                                                                                                
 •The Xu offer letter provided an initial base salary of                                                                                                                                                                           
 $385,000, eligibility for bonus compensation, with a target bonus of 50% of annual base salary, eligibility for equity compensation at the discretion of the Board, generally on the same terms and conditions as other executive 
 officers, other ancillary benefits, including benefits under the Company’s welfare benefit programs generally as provided to other executive officers.                                                                            
 •In June 2023, Ms. Xu received an updated assignment contract                                                                                                                                                                     
 to more clearly outline the expatriate benefits she receives while on assignment in Shanghai. Pursuant to her updated assignment contract, Ms. Xu receives additional benefits during the term of her international assignment,   
 including tax services support and tax equalization, home leave, and full reimbursement of education and housing expenses.                                                                                                        |

81 | 2025 PROXY STATEMENT GRANTS OF PLAN-BASED AWARDS IN 2024 The following table provides information about equity and non-equity awards granted to the NEOs in 2024. All equity awards were made under the Gentherm Incorporated 2023 Equity Incentive Plan (“2023 Equity Plan”).

| Estimated Possible Payouts UnderNon-Equity Incentive Plan Awards | Estimated Future Payouts UnderEquity Incentive Plan Awards |

| Name | GrantDate | BoardApproval Date | Threshold($) | Target($) | Maximum($) | Threshold(#) | Target(#) | Maximum(#) | All Other Stock Awards:Number of Sharesof Stockor Units(#) | Grant Date Fair Value of Stock and Option Awards($)(5) |

| Phillip M.Eyler  | —         | -1 | 25,489 | 1,274,438 | 2,548,876 |      — |      — |      — |         — | — |
| 3/15/2024(2)     | 3/15/2024 |  — |      — |         — |     7