SANUWAVE Health Inc. has announced a new compensation agreement following the termination of Nanci Gilmore, the company's former Chief Commercial Officer. As part of a Separation and Release Agreement dated July 28, 2025, Ms. Gilmore will receive a lump sum cash payment totaling $112,707.51, which includes five months' annual base salary and a pro-rated bonus. Additionally, her employee stock options will continue to vest through January 31, 2026, and remain exercisable until their expiration dates. The agreement also includes standard confidentiality and non-disparagement clauses.
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