Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 457

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 9C
Chunk 457
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 of the Company, the Board approved entry into an employment agreement (the “Employment Agreement”) with Ms. Comonte. Pursuant to the Employment Agreement, Ms. Comonte will receive a cash award of $4,500 payable as soon as practicable following entry into the Employment Agreement. This award is in lieu of any annual cash bonus with respect to fiscal 2025 or any long-term incentive award in 2025. The award is subject to repayment by Ms. Comonte if prior to the earlier of (i) January 31, 2026 and (ii) 60 days following the consummation of a Change in Control, she is terminated by the Company for Cause, she resigns other than for Modified Good Reason prior to a Change in Control or she resigns other than for Good Reason following a Change in Control (as such terms are defined in the Employment Agreement). If, during the term of the Employment Agreement, Ms. Comonte’s employment is terminated (i) by the Company without Cause, (ii) due to a resignation for Modified Good Reason prior to a Change in Control or (iii) due to a resignation for Good Reason following a Change in Control, subject to her execution of a release and compliance with the restrictive covenants to which she is subject she will not be subject to repayment of the award described above.

F-49

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS AND RESERVES(IN THOUSANDS) 

      Additions

      Balance at

      Charged to

      Charged

      Balance at

      Beginning

      Costs and

      to Other

      Deductions

      End

      of Period

      Expenses

      Accounts

      (1)

      of Period

      FISCAL YEAR ENDED DECEMBER 28, 2024

      Allowance for credit losses
       
      $
       
      1,041

      $
       
      17,205

      $
       
      —

      $
       
      (15,080
      )
       
      $
       
      3,166

      Inventory and other reserves
       
      $
       
      8,888

      $
       
      72

      $
       
      —

      $
       
      (5,028
      )
       
      $
       
      3,932

      Tax valuation allowance
       
      $
       
      89,801

      $