Company: INV
Filing Date: 2025-04-15
Form Type: S-1
Source: 0001628280-25-017890
Chunk: 120

Company: Innventure, Inc.
Filing Date: 2025-04-15
Form: S-1
Chunk 120
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 the date of grant, and the remainder of the Accelsius Incentive Units vest in eight

substantially equal quarterly installments beginning 12 months after the date of grant. For a discussion of the treatment of the NEOs’

Incentive Units in the Business Combination, see “Incentive Units Granted in Prior Years” above.

Additional Narrative Disclosure

Tax Qualified Retirement Plan

Employees of Management Services, Accelsius and Refinity Holdings are eligible to participate in a tax-

qualified retirement savings plan (the “401(k) Plan”), under which participating employees may contribute up to

99% of their eligible compensation into their 401(k) Plan accounts, subject to applicable limits under the U.S.

Internal Revenue Code. Mr. Haskell participated in the 401(k) Plan in 2024.

Innventure did not offer a defined benefit pension plan or nonqualified deferred compensation plan for its NEOs

during 2024.

Severance and Change in Control Compensation

Severance Under NEO Arrangements

None of the agreements or offer letters with the NEOs provide for severance compensation in the event of a

termination of employment.

Innventure Equity Compensation

In general, RSUs, stock options and Accelsius SARs granted under the 2024 Plan are eligible to vest or are

automatically exercised as follows in the event of certain termination and change in control scenarios.

RSUs. If an NEO’s employment is terminated due to death or disability, the RSUs will vest in full. If an NEO

remains employed through the date of a “change in control” (as defined for purposes of the applicable equity

awards) and a replacement award is not provided, the RSUs will vest in full. If a replacement award is provided and,

at any point within twelve months following a “change in control,” the employment of an NEO is terminated by the

Company (or its successor) without “cause” or by the NEO for “good reason,” unvested RSUs held by the NEO will

vest in full.

Stock Options. If an NEO’s employment is terminated due to death or disability, the unvested portion of the

option will vest in full upon termination. If an NEO remains employed through the date of a “change in control” (as

defined for purposes of the applicable equity awards) and a replacement award is not provided, the option will vest

in full. If a replacement award is provided and, at any point within two years following a “change