CEO Phillip Gomez to retire by Jan 1, 2024; will serve as consultant for 24 months at full base salary retainer

SIGA TECHNOLOGIES INC

Phillip Gomez will continue as CEO until Jan 1, 2024 or until a successor starts; possible extension if critical to a material initiative.
After departure, Gomez will provide advisory services for 24 months and receive monthly retainer equal to 100% of his base salary.
No 2023 annual bonus unless employment extends beyond Jan 1, 2024; pro-rata bonus possible under automatic extension.
Non-compete and non-solicitation covenants extended through later of one year after departure or end of consulting period.
Amended and restated transition agreement supersedes prior agreement dated Jan 13, 2023.

item 5.02 item 9.01

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Departed

Phillip Louis Gomez, III

Chief Executive Officer

SIGA · SIGA TECHNOLOGIES INC

Filed: July 28, 2023, 7:59 PM ET

Dr. Gomez will continue to serve as Chief Executive Officer of the Company until the earlier of (A) January 1, 2024, or (B) the date a new Chief Executive Officer commences services with the Company in such role

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Executive change SEC 8-K Item 5.02 confidence 1.0

Phillip Louis Gomez, III departed as Chief Executive Officer at SIGA TECHNOLOGIES INC.

Role: Chief Executive Officer

Exact text from the filing

Dr. Gomez will continue to serve as Chief Executive Officer of the Company until the earlier of (A) January 1, 2024, or (B) the date a new Chief Executive Officer commences services with the Company in such role

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Source: SEC EDGAR

accession 0001140361-23-036771

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