MP Materials enters new employment agreements with four executives, effective Jan 1, 2022

MP Materials Corp. / DE

CEO James Litinsky receives $600k base salary, target bonus 100% of base (max 200%), and 800k RSUs vesting over 4 years.
CFO Ryan Corbett and COO Michael Rosenthal each get $425k base salary with same bonus structure as CEO.
General Counsel Elliot Hoops base salary set at $400k with identical bonus provisions.
Change-of-control severance: 2x salary plus target bonus for terminations within 24 months after a change of control.
Agreements include non-competition, non-solicitation, and clawback policy provisions.

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