{
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  "docSlug": "jarvis-politan-capital-masimo-presentation-may-2023",
  "documentTitle": "Politan Capital Masimo Presentation May 2023",
  "authorId": "politan-capital-masimo-presentation-may-2023",
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  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2023-05-01 00:00:00",
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  "pageNumber": 40,
  "pageCount": 74,
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  "slideType": "expose_contradiction",
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  "density": "balanced",
  "nDataPoints": 1,
  "notes": "The slide uses a red-box list format to highlight 'dead hand' provisions and governance failures.",
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  "slideHref": "/slides/019f6b8f-539e-76ae-9e05-c3ee7dac0544/40",
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  "components": [
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      "kind": "callout",
      "text": "~$600M payment trigger ensures that...",
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      "kind": "paragraph",
      "text": "Highly unusual provisions collectively grant Mr. Kiani extraordinary control over the shareholder franchise and amount to the Board members’ abdication of their fiduciary duties.",
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      "kind": "table",
      "text": "1. Payment is permanent. Agreement must be renewed forever. 2. No Independent Leadership without Mr. Kiani's approval. 3. Shareholders can't replace 1/3rd of Board. Provision has strict single trigger. 4. Mr. Kiani must be both CEO & Chair.",
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      "kind": "title",
      "text": "Board Abdicated Its Fiduciary Duties by Granting Control to Mr. Kiani in Employment Agreement",
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      "evidence": "Exposing governance failures and entrenchment mechanisms",
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      "evidence": "Slides agitate the problems by providing evidence and critique.",
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      "parentBeatName": "Development",
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  "loops": [
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      "name": "Tale Two Worlds",
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      "evidence": "Slides contrast current performance with potential benefits of change.",
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