• Team cut change-in-control severance under its executive continuation policy, capping supplemental salary or compensation periods at 24 months.
• Bonus make-whole will use the higher of the most recent actual bonus or the two-year average; target bonus applies if none paid yet.
• The bonus-related payment will be made as a single lump sum on the date the supplemental salary payment is due.

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. Team 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: 0001193125-26-300929), on July 10, 2026, and is solely responsible for the information contained therein.