Company: MTCH
Filing Date: 2025-04-17
Form Type: PREC14A
Source: 0000891103-25-000047
Chunk: 86

Company: Match Group, Inc.
Filing Date: 2025-04-17
Form: PREC14A
Chunk 86
---
</div>

Chief Legal Officer Transition Compensation Arrangements

Upon his assumption of the Chief Legal Officer role, Mr. Edgett entered into an employment agreement with the Company, pursuant to which he would receive:

• an annual base salary of $500,000;

• an annual cash bonus with a target annual bonus opportunity of 100%, prorated for 2024 based on his start date;

• equity awards (as described above under “Compensation Elements – Long Term Incentives”);

• customary health and retirement benefits; and

• certain severance benefits in the event of an involuntary termination of employment, as described below under “Executive Compensation—Estimated Potential Payments Upon Termination or Change in Control.”

Ms. Teckman’s employment with the Company terminated on November 8, 2024. In connection with the termination of her employment, Ms. Teckman entered into a separation agreement with the Company, pursuant to which she would:

• receive a lump sum payment of $805,000, which is equal to the amount of Ms. Teckman’s annual base salary at the time her employment ended plus the approximate dollar value of her RSUs that would have vested through the first anniversary of the date of termination;

• remain eligible to receive an annual cash bonus for the 2024 performance year, subject to proration based on her length of employment during 2024 as well as her salary for the portion of 2024 prior to her promotion to Interim Chief Legal Officer (as further described above under “Compensation Elements – Annual Bonuses”);

• receive monthly payments necessary to cover the full premiums for continued coverage under the Company’s group health plan through COBRA for 12 months following the date of termination; and

• receive outplacement services at the Company’s expense for up to 12 months.

The receipt of each of these benefits was subject to the execution and non-revocation of a release by Ms. Teckman, which occurred in November 2024.

Ms. Teckman’s separation agreement also provides for a covenant not to compete with Match Group and not to solicit Match Group’s employees or business partners for 12 months following the date of termination, and an agreement not to use or disclose any confidential information of Match Group or its affiliates and to be bound by customary covenants relating to proprietary rights and the related assignment of such rights. The value of Ms. Teckman’s separation benefits is reported in the 2024 Summary Compensation Table included in the Executive Compensation section