Symbotic Inc. (SYM)

Offer Letter | Annual base salary of $650,000.; Annual performance bonus target of 100% of base salary.; Sign-on cash bonus of $500,000 (paid 50% after one month and 50% after one year).; Equity awards with aggregate target value of $12,000,000 (2/3 RSUs vesting over 3 years; 1/3 PSUs vesting in fiscal year 2028).; Housing stipend of up to $6,000 per month for up to one year.; Severance: 12 months of base salary and 12 months of medical benefits continuation if terminated without cause or for good reason.; Clawback: Sign-on bonus subject to repayment if terminated for cause or resignation without good reason within two years.

Severance Agreement | Transition period as Senior Vice President through January 1, 2026, followed by a consulting period through March 31, 2026.; Severance payment of $600,000 paid over 12 months post-separation.; Fiscal year 2025 bonus based on company performance (target $510,000 multiplied by achievement percentage).; Continued vesting of existing RSUs through the end of the consulting period (March 31, 2026).; Company-subsidized medical insurance for 12 months post-separation.; Non-compete, non-solicitation, and non-disparagement covenants for one year post-separation.