AGNT founder Glenn Sanford signs separation agreement effective October 8, 2026; release not yet effective
eXp World Holdings, Inc.
AGNT and founder Glenn Sanford entered a Termination and Release Agreement on Nov. 9, 2026, effective retroactively to his Oct. 8, 2026 separation.
Sanford remains eligible for eXp Realty revenue share at the highest front-line qualifying agent tier, regardless of FLQA qualification, while he has Vested Status.
AGNT will pay COBRA costs for Sanford and covered dependents until the first anniversary of the Oct. 8, 2026 separation, subject to the Release becoming effective.
The Release had not become effective as of Nov. 9, 2026; no consulting agreement was entered, contrary to the prior expectation.
The agreement assigns work-product IP to AGNT and includes four-year confidentiality, mutual non-disparagement, Texas law and King County, Washington arbitration.
the date on which Mr. Sanford’s employment with the Company and its subsidiaries ended in connection with the previously announced Chief Executive Officer transition described in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 8, 2026
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.85
Glenn Sanford departed as Chief Executive Officer at eXp World Holdings, Inc..
Action
employment ended
Role
Chief Executive Officer
Exact text from the filing
the date on which Mr. Sanford’s employment with the Company and its subsidiaries ended in connection with the previously announced Chief Executive Officer transition described in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 8, 2026
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