Company: RSI
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001793659-25-000098
Chunk: 63

Company: Rush Street Interactive, Inc.
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 63
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 the NEO for good reason, in each case that is not within 24 months following a change in control, each NEO other than Mr. Roosileht will receive, subject to the NEO’s timely execution and non-revocation of a release of claims (such condition, the “Release Condition”) and continued compliance with the NEO’s applicable restrictive covenant obligations (such compliance, the “Restrictive Covenant Conditions”):

• a cash severance payment equal to the sum of the NEO’s annualized base salary and target bonus;

• a prorated annual bonus to the extent earned based on actual performance;

• payment of COBRA healthcare continuation premiums for 12 months provided the NEO elects COBRA coverage; and

• partial accelerated vesting of the NEO’s unvested time-based equity awards that would have otherwise vested within 12 months following the date of termination, with any performance-based equity awards being earned in a prorated portion of such award based on the portion of the applicable performance period that the NEO was employed and calculated according to actual performance as determined at the end of the applicable performance period.

Except as noted above under "Employment and Similar Arrangements—Einar Roosileht", upon a termination by us without cause or a resignation by the NEO for good reason absent a change in control, Mr. Roosileht will not be entitled to receive severance benefits or accelerated equity vesting.

Termination Without Cause or for Good Reason in Connection with a Change of Control

Upon a termination by the Company without cause or a resignation by the NEO for good reason within 24 months (for Messrs. Schwartz, Stetz and Wierbicki) or 12 months (for Mr. Sauers) after a change of control, each of the NEOs will receive, subject to the Restrictive Covenant Conditions and to the Release Condition:

• a cash severance payment equal to two and a half times (for Mr. Schwartz) or two times (for Messrs. Sauers, Stetz and Wierbicki) the sum of the NEO's annualized base salary and the greater of the NEO’s target bonus amount or the average actual bonus paid over the most recent two years prior to the “change of control” (but solely for Mr. Sauers, it’s just the target bonus amount);

• a prorated annual bonus to the extent earned based on actual performance;

• payment of COBRA healthcare continuation premiums for 12 months provided the NEO elect