Amplitude Inc

Item 5. Other Information.

Severance Plan

On November 5, 2024, the Compensation Committee of the Company’s board of directors adopted the Amplitude, Inc. Executive Severance Plan (the “Severance Plan”), covering eligible executives (each a “Participant”). The Severance Plan supersedes and replaces in its entirety the severance benefits that each named executive officer is eligible to receive under their current employment agreement, and each named executive officer delivered a signed participation agreement agreeing to the waiver of any severance benefits under their existing employment agreements.

Pursuant to the Severance Plan, if a Participant’s employment with the Company is terminated without Cause or the Participant resigns for Good Reason (as each is defined in the Severance Plan), the Participant will be entitled to receive: (i) a cash payment equal to six months base salary and any prorated bonus earned through to the termination and (ii) payment or reimbursement of the cost of continued healthcare coverage for up to six months. In lieu of the foregoing benefits, if the Participant’s employment with the Company is terminated without Cause or the Participant resigns for Good Reason during the period commencing three months prior to, and ending 12 months following, the closing of a Change in Control (as defined in the Amplitude, Inc. 2021 Incentive Award Plan), the Participant will be entitled to receive: (i) a cash payment equal to 12 months base salary plus 100% of the Participant’s target annual bonus, (ii) payment or reimbursement of the cost of continued healthcare coverage for up to 12 months, and (iii) full accelerated vesting of any of the Participant’s unvested equity awards (except for any performance awards, which shall be governed by the terms of the applicable award agreement).

The foregoing description is only a summary and is qualified in its entirety by reference to the full text of the Severance Plan, a copy of which is filed as Exhibit 10.2 to this Form 10-Q and incorporated herein by reference.

Employment Agreement

On November 5, 2024, the Compensation Committee of the Company’s board of directors adopted the Amplitude, Inc. Employment Agreement (the “Employment Agreement”). The Employment Agreement is substantially similar to the previously filed form employment agreement for each of the Company’s named executive officers, except that such employment agreement no longer provides for the provision of severance benefits and instead any new executive officer who enters into the Employment Agreement will be an eligible participant under the Severance Plan. The foregoing description is only a summary and is qualified in its entirety by reference to the full text of the form of Employment Agreement, a copy of which is filed as Exhibit 10.3 to this Form 10-Q and incorporated herein by reference.

Trading Arrangements of Section 16 Reporting Persons

During the three months ended September 30, 2024, no director or officer of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.