leadership
confidence high
sentiment neutral
materiality 0.50
Allied Gaming & Entertainment enters CEO employment agreement with $300K salary, 60-month severance
Allied Gaming & Entertainment Inc.
- Base annual salary of $300,000; eligible for annual bonus up to 60% of salary, at Board discretion.
- Severance of 60 months base salary if terminated without cause or for good reason, payable over 60 months, conditioned on release.
- Received 1,230,000 restricted shares under 2019 Equity Plan and options for 115,000 shares.
- Agreement term: 5 years from March 6, 2024, with possible extensions.