CEO DEPARTURE	12 Months Ended
Dec. 31, 2020
CEO DEPARTURE
CEO DEPARTURE	14. CEO DEPARTURE In May 2020, our former President and Chief Executive Officer departed the Company. The departure constituted a Termination Without Good Cause as defined in his employment agreement, and he receives separation payments and benefits under his employment agreement in respect of a termination without good cause, including cash payments for salary continuation, bonus and fringe benefits for two years, and benefits related to his non-statutory stock options and restricted stock awards. During the year ended December 31, 2020, we recognized $6.5 million of expense associated with his termination, comprised of $3.1 million for salary continuation, bonus, and fringe benefits and $3.4 million of stock-based compensation expense (Note 10).

CEO DEPARTURE

12 Months Ended

Dec. 31, 2020

14. CEO DEPARTURE

In May 2020, our former President and Chief Executive Officer departed the Company. The departure constituted a Termination Without Good Cause as defined in his employment agreement, and he receives separation payments and benefits under his employment agreement in respect of a termination without good cause, including cash payments for salary continuation, bonus and fringe benefits for two years, and benefits related to his non-statutory stock options and restricted stock awards. During the year ended December 31, 2020, we recognized $6.5 million of expense associated with his termination, comprised of $3.1 million for salary continuation, bonus, and fringe benefits and $3.4 million of stock-based compensation expense (Note 10).