Adeia Inc. — Form 10-Q

Adeia Inc. has executed an Amended and Restated Severance Agreement with an unnamed executive, effective [date], 2026, superseding the prior agreement dated February 9, 2023. The agreement provides severance of 100% of base salary plus target bonus upon qualifying termination; 12 months of COBRA health coverage; and acceleration of equity vesting within 12 months (or performance-based awards meeting specified criteria). Upon change of control followed by termination, benefits remain similar but all outstanding equity accelerates in full. All post-termination payments require execution of a general release and compliance with confidentiality covenants. Specific dollar amounts and executive identity are not disclosed.