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Twelve months of base salary, payable as a lump sum, is the cash anchor in Executive Severance Plan Agreements Vera Bradley, Inc.
(VRA) filed with the SEC on July 24, 2026, covering Chief Operating and Financial Officer Martin Layding and Chief Brand Officer Melinda Paraie.
A Change in Control clause adds six months, lifting the salary-equivalent ceiling to 18 months in a qualifying scenario. Vera Bradley did not disclose base salary figures for either executive in the filing.
Severance structure A qualifying termination, defined as the company ending employment without Cause or the executive exiting for Good Reason, triggers the benefits below.
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