PAR Tech amends CEO employment terms, removes $5M life insurance, reduces medical exam reimbursement

PAR TECHNOLOGY CORP

Company removes obligation to pay premiums for $5M term life insurance on CEO Savneet Singh.
Annual physical exam reimbursement cap reduced from $15,000 to $2,000.
Amendment executed March 25, 2024 and effective upon CEO's countersignature.
All other terms of the May 2023 employment letter remain unchanged.

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