CEO Matthew Messinger claims 'Good Reason' for termination; Trinity Place Holdings in cure period

Trinity Place Holdings Inc.

CEO Matthew Messinger delivered notice of events constituting 'Good Reason' for termination under his employment agreement on March 18, 2024.
Company has 30 days from notice to cure; if not cured, employment deemed terminated for Good Reason entitling Messinger to benefits.
Parties remain in active discussions regarding terms of continued employment.
If termination occurs, Messinger would receive certain benefits set forth in employment agreement.

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