TILT Holdings finalizes separation agreement with former CFO Dana Arvidson

TILT Holdings Inc.

Former CFO Dana Arvidson to receive 6 months base salary continuation after May 22, 2023 departure.
50,000 unvested RSUs (scheduled Dec 31, 2023 vesting) accelerated to Separation Date.
Company will reimburse COBRA premium difference for up to 18 months or until new coverage.
Post-termination non-competition, non-interference, and non-solicitation obligations waived.
Mutual releases of claims and mutual non-disparagement obligations agreed.

item 5.02 item 9.01

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Departed

Dana R. Arvidson

Chief Financial Officer

TILT Holdings Inc.

Effective: 2023-05-22
Filed: July 5, 2023, 7:59 PM ET

Dana R. Arvidson departed as Chief Financial Officer of TILT Holdings Inc. (the “Company”) on May 22, 2023 (the “Separation Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dana R. Arvidson departed as Chief Financial Officer at TILT Holdings Inc..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

Dana R. Arvidson departed as Chief Financial Officer of TILT Holdings Inc. (the “Company”) on May 22, 2023 (the “Separation Date”).

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Source: SEC EDGAR

accession 0001104659-23-078148

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