other material
confidence high
sentiment neutral
materiality 0.55
Olin enters retention agreements with CFO, GC, and strategy prez; total potential bonuses $2.6M
OLIN Corp
- Retention bonuses: Todd Slater (CFO) $1M, Dana O'Brien (GC/Sec) $1M, Damian Gumpel (Strategy) $600k.
- Vesting in tranches: 10% Jul 2024, 20% Jan 2025, 30% Jul 2025, 40% Jan 2026.
- Full acceleration on termination w/o cause, death/disability, or change in control.
- Agreements include 12-month non-compete, non-solicit, and confidentiality covenants.