Latham Group enters employment agreement with J. Mark Borseth as Strategic Advisor then Interim CFO

Latham Group, Inc.

Borseth to serve as Strategic Advisor from Feb 13 until CFO hired or March 17, then as Interim CFO.
Base salary $425K; target bonus 60% of base prorated; one-time signing bonus $50K.
No long-term equity participation; agreement runs through Aug 13, 2023 unless terminated.
If terminated without cause or for good reason, receives remaining base salary through Aug 13, 2023 + 70% COBRA.

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