secwatch.observer — SEC 8-K summary
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Issuer:     DUOS TECHNOLOGIES GROUP, INC. (DUOT)
CIK:        0001396536
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001079973-23-001714
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duos Technologies enters new employment agreement with CFO Andrew W. Murphy; base salary $224,720.
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396536/000107997323001714/0001079973-23-001714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396536/000107997323001714/duot_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-23-001714

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer