ElectraMeccanica CFO Mark Orsmond departs; severance includes 13 months' salary

ELECTRAMECCANICA VEHICLES CORP.

Mark Orsmond ceased as CFO effective Oct 9, 2023; mutual departure agreement dated Oct 11.
Severance: 13 months' salary (Separation Payment) plus benefits continuation for 12 months.
Release agreement signed Oct 17, 2023, includes confidentiality and non-disclosure obligations.
Orsmond retains right to exercise vested options during the 12-month post-termination period.

item 5.02 item 9.01

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Departed

Mark Orsmond

Chief Financial Officer

ELECTRAMECCANICA VEHICLES CORP.

Effective: 2023-10-09
Filed: October 18, 2023, 7:59 PM ET

As previously reported, on October 12, 2023, ElectraMeccanica Vehicles Corp. (the “Company”) announced that Mark Orsmond was no longer serving as the Company’s Chief Financial Officer, effective October 9, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Orsmond departed as Chief Financial Officer at ELECTRAMECCANICA VEHICLES CORP..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

As previously reported, on October 12, 2023, ElectraMeccanica Vehicles Corp. (the “Company”) announced that Mark Orsmond was no longer serving as the Company’s Chief Financial Officer, effective October 9, 2023.

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Source: SEC EDGAR

accession 0001104659-23-109898

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