TLDR · QUICK LINKS

AUTOMATTIC'S INTERIM CEO AND LEGAL CHIEF SIGNED RECIPROCAL SEVERANCE DEALS DURING MULLENWEG'S BRIEF OUSTER

techcrunch.com6 min read

Summary from the TLDR newsletter

The agreements provide each of them with 12 months of base salary paid out as a lump sum, an accelerated vesting schedule for their equity, the ability to exercise their vested stock options, and another year of health coverage.