other material
confidence high
sentiment neutral
materiality 0.25
BJ's Restaurants enters consulting agreement with former CEO Gregory Trojan; $1k/month, option extension
BJs RESTAURANTS INC
- Consulting fee of $1,000 per month for at least 4 hours of strategic planning services per month.
- Agreement effective Jan 1, 2022, terminates by Jan 31, 2024 or earlier per termination clauses.
- Outstanding stock options exercise period extended to 10-year term; vesting accelerates on death/disability.
- Consultant to receive retiree health insurance; continues as board member.