secwatch.observer — SEC 8-K summary
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Issuer:     OLD MARKET CAPITAL Corp (OMCC)
CIK:        0001000045
Form:       8-K
Filed at:   2022-07-22T23:59:59+00:00
Accession:  0000950170-22-012923
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nicholas Financial extends CFO Irina Nashtatik's employment through June 2024
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- Employment agreement extension effective July 21, 2022 through June 30, 2024.
- Base salary of $220,000 with bonus determined by Compensation Committee.
- Stock matching program: company matches up to $50,000 in stock purchases per year, vesting over 3 years.
- Severance of 0.75x salary (or full salary after change of control) plus up to 12 months benefits.
- One-year non-compete clause applies post-termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000045/000095017022012923/0000950170-22-012923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000045/000095017022012923/nick-20220721.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-012923

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