DocuSign Inc.
Docusign, Inc. Announces Amendment and Restatement of Executive Severance Agreements
Summary
On January 15, 2025, Docusign, Inc. announced the amendment and restatement of the Executive Severance and Change in Control Agreements for its Chief Financial Officer, President and General Manager of Growth, and Chief Legal Officer. The changes made the permanent enhancements to severance benefits that were previously set to expire on December 31, 2024. These agreements provide severance benefits including base salary, bonus, COBRA coverage, and equity acceleration in the event of a Qualifying Termination outside or during the Change in Control Period.
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About DocuSign Inc.
DocuSign Inc. operates as a global leader in electronic signature technology and digital transaction management services. Their primary purpose is to facilitate the transition from paper-based agreements to electronic transactions, significantly enhancing efficiency and reducing environmental impact. DocuSign's platform enables individuals and businesses across various sectors, including real estate, finance, healthcare, and government, to securely sign, send, and manage documents online, thus streamlining workflows and ensuring compliance with legal standards. As the pioneer of e-signature technology, DocuSign plays a critical role in the digital transformation of how agreements are executed around the world. Founded in 2003 and headquartered in San Francisco, the company serves millions of users, leveraging innovations in cloud computing to offer scalable solutions that cater to enterprises of all sizes. As remote work and digital transactions become increasingly prevalent, DocuSign's solutions continue to gain importance, underscoring its pivotal role in the modernization of document management and transaction processes across industries.
Official SEC Documents
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