PRSS 2018 Proxy Statement
23 Robert D. Barton resigned from his position as Chief Operating Officer on March 9, 2018. Under the terms of Mr. Barton’s separation agreement, he received (i) a lump-sum payment of $51,923 equal to three months of his then-current base salary; (ii) a lump sum payment of $112,500 related to his retention award payment for calendar year 2019; (iii) accelerated vesting of 9,500 shares of restricted stock units previously awarded by the Company to Mr. Barton; and (iv) cash in lieu of COBRA payments equal to one month of total premiums attributable to medical, dental and vision benefits if he executed and did not revoke a release in a form reasonable satisfactory to the Company.
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