leadership
confidence high
sentiment neutral
materiality 0.25
UAMY retains CEO Gary C. Evans under 3-year deal at $430,000 base salary, 100% target bonus
UNITED STATES ANTIMONY CORP
- Employment agreement effective August 1, 2026 runs three years with automatic one-year renewals; Evans reports to the board and must be nominated for election as a director.
- Base salary $430,000 per year, reviewed annually; target annual cash bonus equals 100% of base salary, with a maximum payout of 200%, set by the Compensation Committee.
- Eligible for annual equity awards under the 2023 Plan in a range of 200% to 250% of base salary; all outstanding awards vest on a change in control unless assumed or replaced.
- Change-in-control termination pays 2x salary plus target bonus over 24 months; other terminations pay 1.5x over 18 months plus a pro-rated bonus, subject to a mutual release.
- Non-compete and non-solicitation covenants run during employment and 1-2 years after termination; principal workplace is Dallas, Texas; five weeks paid vacation annually.