MediaCo approves $3M in equity grants to three executives; Rodriguez gets new employment agreement

Mediaco Holding Inc.

Equity grants of $1M each to COO Brian Kei, CRO Alberto Rodriguez, and CLO Andrew Carington, contingent on stockholder approval of new equity plan.
Rodriguez's new employment includes $700k base salary, $525k target annual cash incentive, and 5-month severance if terminated without cause.
Carington to serve via employee lease agreement with Standard Media starting Oct 1, 2024; base salary $300k and target cash incentive of 50% of base.
Kei's $1M equity grant vests 50% ratably over 3 years and 50% based on performance as determined by the Company.

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