---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-033319"
form_type: "8-K"
ticker: "CLAR"
cik: "0000913277"
company_name: "Clarus Corp"
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T01:30:08.590277+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Clarus enters 5-year employment agreement with Executive Chairman Warren Kanders; grants 500,000 restricted shares

## Summary
- Base salary $600,000/year; minimum cash bonus equal to 100% of base upon achieving target EBITDA.
- Issued 500,000 restricted shares: 250k vest at $15/share, 250k at $18/share for 20 consecutive trading days; forfeited if not vested by 10th anniversary.
- Severance upon change-in-control or termination without cause: 5x (base+bonus) plus office expense reimbursement and full equity acceleration.
- Non-compete for 18 months post-expiration or 3 years post-termination; confidentiality and clawback provisions apply.
- Agreement effective January 1, 2023, for 5-year term; Employee office in Palm Beach, FL.

## SEC filing metadata
- accession: 0001104659-23-033319
- form_type: 8-K
- ticker: CLAR
- cik: 0000913277
- company_name: Clarus Corp
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913277/000110465923033319/0001104659-23-033319-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913277/000110465923033319/tm239586d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-033319
- JSON: https://secwatch.observer/filing/0001104659-23-033319.json
- Plain text: https://secwatch.observer/filing/0001104659-23-033319.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.