Morris's employment agreement does not have such a provision.
Section 7 of his employment agreement governs non-competition and non-solicitation.
Basto resigned from Freshpet's board, effective May 31, according to a filing with the Securities and Exchange Commission.
Jana attempted to address this by talking to Freshpet about improving corporate governance and adding new directors identified by Jana to the board.
The Freshpet board should have looked at this as a gift from heaven.
Persons:
Jana Partners, Freshpet, Jana, Scott Morris, Laurence Tribe, Morris, Richard Kassar, J, David Basto, Olu Beck, Basto, Jana directors, –, Shakespeare, Ken Squire, Squire
Organizations:
Hive Brands, Freshpet, Company, Securities and Exchange Commission, Institutional, Services, 13D
Locations:
Freshpet, Delaware