---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-22-001039"
form_type: "8-K"
ticker: "IEHC"
cik: "0000050292"
company_name: "IEH Corp"
filed_at: "2022-09-23T23:59:59+00:00"
generated_at: "2026-06-23T07:50:38.123444+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# IEH Corp enters new employment agreement with CFO William Craig through 2027

## Summary
- New employment agreement for CFO and Treasurer William H. Craig, effective July 1, 2022, through June 30, 2027.
- Base salary of $247,200 per annum; eligible for annual bonus based on performance targets set by Compensation Committee.
- Severance: 24 months base salary plus 24 months health benefits for termination without cause or for good reason.
- Change-in-control provision: if termination within 90 days, similar severance plus accelerated vesting of equity awards.
- Subject to non-competition, non-solicitation, and confidentiality obligations.

## SEC filing metadata
- accession: 0001174947-22-001039
- form_type: 8-K
- ticker: IEHC
- cik: 0000050292
- company_name: IEH Corp
- filed_at: 2022-09-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50292/000117494722001039/0001174947-22-001039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50292/000117494722001039/form8k-28742_iehc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-22-001039
- JSON: https://secwatch.observer/filing/0001174947-22-001039.json
- Plain text: https://secwatch.observer/filing/0001174947-22-001039.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.