leadership
confidence high
sentiment neutral
materiality 0.60
Duos Technologies enters new employment agreements with CEO, CFO, COO; grants ~1.19M restricted shares
DUOS TECHNOLOGIES GROUP, INC.
- CEO Charles Ferry: base salary $400K, annual bonus up to 100%, 522,889 restricted shares.
- CFO Adrian Goldfarb: base salary $325K, bonus up to 80%, 441,275 restricted shares.
- COO Christopher King: base salary $325K, bonus up to 80%, 225,000 restricted shares.
- All equity grants cliff vest on Dec 31, 2027; previous vested/unvested options cancelled.
- Employment terms are three years with automatic one-year renewals; termination with/without cause provisions.