Reservoir Media enters amended employment agreements with CEO, President & CFO effective April 1, 2026

Reservoir Media, Inc.

CEO Golnar Khosrowshahi receives $600K base salary, 100% target bonus, 100% base equity award (fully vested); 3-year term from Apr 1 2026.
President Rell Lafargue gets $600K base, 100% target bonus, 100% base equity; company option to extend term by 2 years.
CFO James Heindlmeyer receives $425K base, 50% target bonus, 75% base equity; 3-year term with company option to extend.
All agreements include 3% annual base salary increases from Apr 1 2027, customary non-compete/non-solicitation, and severance benefits.
On termination without cause or for good reason, CEO severance includes lump sum of 2x base salary, bonus, and equity for remaining term.

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