MEI Pharma amends CEO Justin File's employment agreement; base salary $550,000, retention bonus $412,500

Lite Strategy, Inc.

Base salary $550,000 (eff Aug 1, 2024); target bonus 50% of base salary for FY2025.
Retention bonus $412,500 payable upon Change in Control, termination w/o cause, board dissolution approval, or Sep 30, 2025.
Success fee equal to 10% of net absolute cash retention vs forecast, measured as of Mar 31, 2025 or earlier events.
Severance includes 12 months base salary, $70,669 lump sum, pro-rata bonus, and accelerated stock option vesting.
Term through Sep 30, 2025; full option vesting upon qualifying termination within 2 years after Change in Control.

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