---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-24-000988"
form_type: "8-K"
ticker: "AGAE"
cik: "0001708341"
company_name: "Allied Gaming & Entertainment Inc."
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:07:25.375832+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Allied Gaming & Entertainment enters CEO employment agreement with $300K salary, 60-month severance

## Summary
- 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.

## SEC filing metadata
- accession: 0000929638-24-000988
- form_type: 8-K
- ticker: AGAE
- cik: 0001708341
- company_name: Allied Gaming & Entertainment Inc.
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708341/000092963824000988/0000929638-24-000988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708341/000092963824000988/a8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-24-000988
- JSON: https://secwatch.observer/filing/0000929638-24-000988.json
- Plain text: https://secwatch.observer/filing/0000929638-24-000988.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.