Adobe Inc. approved a retention letter for Louise Pentland, Chief Legal Officer and Executive Vice President, providing severance benefits in the event of a termination without Cause or for Good Reason. Benefits include a lump-sum cash payment of 12 months' base salary plus 100% target annual bonus, COBRA premiums for 12 months, and potential accelerated RSU vesting. Adobe Inc. is a software company that provides creative and document management solutions.
