CS Disco Inc.
08/02/2024 | Press release | Distributed by Public on 08/02/2024 15:19
Management Change/Compensation Form 8 K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously reported on the Current Report on Form 8-K filed by CS Disco, Inc. (the "Company") on July 10, 2024, Kevin Smith ceased to serve in his capacity as Executive Vice President, Chief Product Officer, effective as of July 10, 2024.
In connection with Mr. Smith's departure, Mr. Smith and the Company have entered into a transition and separation agreement (the "Transition Agreement"), dated July 29, 2024. Pursuant to the Transition Agreement, Mr. Smith will receive the severance benefits provided in his previously-disclosed employment agreement, subject to effectiveness of customary releases of claims, and will serve in a non-officer employee role from July 11, 2024 until September 6, 2024, primarily focused on transitioning his responsibilities. Through the date his employment ends, Mr. Smith will continue to receive his current base salary and benefits.