Amneal Pharmaceuticals sets employment agreement for Chief Legal Officer Jason Daly
Amneal Pharmaceuticals entered into an employment agreement with Jason Daly, its Chief Legal Officer and Corporate Secretary, effective March 1, 2025, which sets his title as Executive Vice President, Chief Legal Officer & Corporate Secretary. The agreement covers a $575,000 base salary, a target bonus of 55% of base salary, and severance terms that include enhanced protections tied to a change in control.
Key points
- Annual base salary of $575,000, effective March 1, 2025
- Target annual bonus equal to 55% of base salary, with a personal performance multiplier of zero to 150% of that amount
- Severance on termination without cause or for good reason: 150% of base salary, prorated bonus, 18 months of benefits continuation and 12 months of outplacement assistance
- Initial term runs until March 31, 2027, with automatic one-year renewals absent 90 days' notice of non-renewal
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.