CCRN Cross Country Healthcare Inc - 8-K

Item 5.02           Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

As previously disclosed, effective as of March 10, 2026, Phil Noe ceased to serve as the Chief Information Officer of Cross Country Healthcare, Inc. (the
“Company”). In connection therewith, on March 16, 2026, Mr. Noe and the Company entered into (i) that certain Separation Agreement and General Release (the “Separation Agreement”) and (ii) that certain Independent Contractor Agreement (the
“Consulting Agreement” and, together with the Separation Agreement, the “Noe Agreements”).

Pursuant to the Separation Agreement, in exchange for his waiver and release of any and all claims against the Company and related parties, Mr. Noe will be
entitled to receive from the Company $205,975 in severance payments (the “Severance”), which represents six months of salary at Mr. Noe’s current base rate of pay. Provided that Mr. Noe does not revoke such waiver and release within seven calendar
days of his execution of the Separation Agreement, the Severance will be paid in equal installments in accordance with the Company’s normal bi-weekly payroll dates over the six-month period following the separation date.

Pursuant to the Consulting Agreement, during the term beginning March 11, 2026 and ending May 31, 2026 (the “Term”), Mr. Noe will provide certain consulting
services to the Company with respect to the Company’s technology, telephones, and related infrastructure (the “Services”). During the Term, the Company will pay Mr. Noe $198.04 per hour for the Services. The Consulting Agreement may be terminated
prior to the expiration of the Term by written mutual agreement of the parties.

The foregoing summaries of the Noe Agreements do not purport to be complete and are qualified in their entireties by reference to the full text of the Separation
Agreement and the Consulting Agreement, copies of which are filed as Exhibit 10.1 and Exhibit 10.2, respectively, hereto and are incorporated herein by reference.

Item 9.01                            Financial Statements and Exhibits

(d) Exhibits

Exhibit

Description

10.1

Separation Agreement and General Release, dated
March 16, 2026, by and between Cross Country Healthcare, Inc. and Phil Noe

10.2

Independent Contractor Agreement, dated March
16, 2026, by and between Cross Country Healthcare, Inc. and Phil Noe

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Cover Page Interactive Data File (embedded within the Inline
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