other material
confidence high
sentiment neutral
materiality 0.35
Resources Connection retains CFO Jennifer Ryu with $375K deferred retention payments
RESOURCES CONNECTION, INC.
- Retention payments of $125,000 due on July 31, 2026, Jan 31, 2028, and Jan 31, 2029, totaling $375,000.
- Payments conditional on continued employment through each date; vesting accelerates upon qualifying termination without cause or change in control.
- No excise tax gross-up; benefits subject to 280G cut-back if tax-advantageous.
- Agreement includes clawback provision for financial restatements or covenant violation.