secwatch.observer — SEC 8-K summary
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Issuer:     Turtle Beach Corp (TBCH)
CIK:        0001493761
Form:       8-K
Filed at:   2023-06-29T23:59:59+00:00
Accession:  0000894579-23-000197
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Turtle Beach finalizes consulting agreement with departing CEO Juergen Stark at $700/hour
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- Outgoing CEO Juergen Stark entering consulting role from June 26, 2023 through April 1, 2024.
- Consulting fee of $700 per hour; business expenses reimbursed up to $500 without prior approval.
- Stark must refrain from working for competitors listed in Exhibit A during consulting period.
- Either party may terminate with 10 days' written notice; Stark retains earned but unpaid fees.
- Agreement includes confidentiality and indemnification provisions; independent contractor status.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493761/000089457923000197/0000894579-23-000197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493761/000089457923000197/turtlebeack8k06282023.htm
  HTML page:      https://secwatch.observer/filing/0000894579-23-000197

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