Data I/O executives sign revised agreements; vesting period extended, non-disclosure updated

DATA I/O CORP

Four executive officers (Ambrose, Hatlen, Gulati, Tidwell) signed revised Executive Agreement on Jan 31, 2023.
Stock vesting acceleration period extended from 180 days to 1 year for involuntary termination after Change in Control.
Agreement updated to comply with Washington law on non-disclosure and remove references to expired rights plan.
Changes made to calculation of 'parachute payments' under tax code Section 280G.

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