Biotechnology: Pharmaceutical Preparations

Management ChangeJun 29, 2026, 04:33 PM

BeyondSpring Details CEO Qiu's Compensation Package

AI Summary

BeyondSpring Inc. has finalized the employment agreement for its new Chief Executive Officer, Mr. Qiu. The agreement outlines an annual salary of $100,000 and eligibility for a target annual bonus of 30% of his base salary. Additionally, Mr. Qiu will receive options to purchase 100,000 ordinary shares, vesting over four years. The agreement also details severance provisions, including 9 months of continued base salary and a pro-rated bonus in the event of a qualifying termination, along with accelerated vesting of options under specific conditions.

Key Highlights

CEO Mr. Qiu will receive an annual salary of $100,000.
Mr. Qiu is eligible for a target annual bonus of 30% of his base salary.
He will be granted options to purchase 100,000 ordinary shares.
Options will vest in four equal annual installments from the grant date.
In case of qualifying termination, Mr. Qiu receives 9 months of base salary.
He will also receive a pro-rated bonus for the year of termination.
Unvested options immediately vest upon certain change in control events or termination.

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BYSI

Biotechnology: Pharmaceutical Preparations

BeyondSpring Inc.

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