Live Ventures signs COO Eric Althofer to three-year employment agreement with $330k salary, options

LIVE VENTURES Inc

Eric Althofer, COO, signed three-year agreement effective Apr 1, 2022, with annual salary of $330,000.
One-time bonus of $75,000 paid upon execution for prior services.
Severance: 3 months base salary plus up to 3 months COBRA if terminated without cause.
Stock options for 52,500 shares vesting in 3 tranches of 17,500 each on Apr 1, 2023/2024/2025; exercise prices $35, $40, $45.
Options expire three years from each vesting date.

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