other material
confidence high
sentiment neutral
materiality 0.30
Duos Technologies enters new employment agreement with CFO Andrew W. Murphy; base salary $224,720.
DUOS TECHNOLOGIES GROUP, INC.
- Base salary of $224,720 per year; term through March 31, 2025 with auto-renewal.
- Eligible for annual performance bonus up to $70,000 based on revenue, profitability, and other KPIs.
- Eligible for LTIP; retains existing 130,311 options with 3 tranches vesting over time.
- Agreement includes confidentiality, non-disparagement, and non-compete/solicitation covenants.