other material
confidence high
sentiment neutral
materiality 0.50
CEO Robert Lisy enters amended employment agreement effective Jan 1, 2022; term to Dec 2023, $3M in equity
International Money Express, Inc.
- Term extended through Dec 31, 2023 with auto-renewal; base salary remains $1,000,000.
- Target annual bonus of 125% of base ($1.25M) based on EBITDA performance goals.
- Grant of $1.5M restricted stock and $1.5M performance stock units by March 15, 2022.
- Severance: two times base plus target bonus ($4.5M) payable over two years for non-cause termination or good reason.