secwatch.observer — SEC 8-K summary
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Issuer:     METHODE ELECTRONICS INC (MEI)
CIK:        0000065270
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0000950170-23-010652
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Methode Electronics enters Change in Control Agreement with VP North America
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- Agreement with Kevin M. Martin effective March 15, 2023.
- If terminated without cause or for good reason within 2 years of a Change in Control, receives lump sum equal to base salary plus target annual bonus.
- Also entitled to continued welfare benefit plan participation for up to one year.
- Agreement covers period pending or within two years after a Change in Control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65270/000095017023010652/0000950170-23-010652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65270/000095017023010652/mei-20230315.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-010652

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