FiscalNote Holdings, Inc. Amends Employment Agreements and Approves Retention Awards
FiscalNote Holdings, Inc. (the "Company") entered into amended and restated employment agreements with Josh Resnik, President & CEO, and Jon Slabaugh, CFO & SVP, Corporate Development, on October 31, 2025. The agreements modify the multiple applied to base salary in calculating benefits upon a Covered Termination, provide a revised definition of "Good Reason," and clarify that the "Target Bonus" for such benefits will be based on the fiscal year in which the termination occurs. Additionally, the Company approved one-time cash retention awards of $500,000 for Resnik and $300,000 for Slabaugh, payable if they remain employed for 48 months after the award agreement execution, with certain acceleration scenarios. The Company also approved an Amended and Restated Change in Control Severance Plan, which excludes participation by the principal executive officer, principal financial officer, or named executive officers.