Innodata said it entered into an employment agreement with President and Chief Revenue Officer Rahul Singhal, effective Jan. 1, 2026. Mr. Singhal’s annual base salary is USD 500,000 and he is eligible for an annual cash bonus with a target of at least 75% of base salary. If his employment is terminated without cause or he resigns for good reason, he is entitled to severance equal to 2x the sum of base salary and the greater of his most recently declared bonus or the average of his three most recent bonuses. In a change of control termination, the agreement provides a lump-sum separation payment equal to 3x that same sum. Innodata also amended CEO Jack Abuhoff’s employment agreement to set certain uncompleted, tiered performance awards at 100% of target for acceleration purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innodata Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-025739), on March 10, 2026, and is solely responsible for the information contained therein.
Comments