secwatch.observer — SEC 8-K summary
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Issuer:     FULL HOUSE RESORTS INC (FLL)
CIK:        0000891482
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0000891482-22-000014
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Full House Resorts enters new employment agreement with SVP/GC Guidroz; salary raised to $275k
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- Base salary increased to $275,000/year; one-time retroactive payment for gap between prior contract expiration and effective date.
- Discretionary annual bonus; additional $75,000 bonus within 30 days of Waukegan temporary casino financing closing (closed Feb 7, 2022).
- Term through Feb 4, 2025; severance includes one year salary plus average of prior two years bonuses upon termination without cause/good reason.
- Company-paid life and disability insurance each $275,000; eligible for health benefits on same basis as other senior executives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891482/000089148222000014/0000891482-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891482/000089148222000014/fll-20220204x8k.htm
  HTML page:      https://secwatch.observer/filing/0000891482-22-000014

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