MGM Resorts enters new employment agreements with CEO, COO, CFO, CLO; updates change of control policy

MGM Resorts International

CEO Hornbuckle: $2M base, 200% target bonus, annual equity grants expected $10M.
COO Sanders: $1.25M base, 175% target bonus, annual equity grants expected $3.75M.
CFO Halkyard: $1.1M base, 150% target bonus, annual equity grants expected $2.75M.
CLO McManus: $900K base, 125% target bonus, annual equity grants expected $2.25M.
Change of Control Policy amended: non-CEO severance multiple reduced from 2x to 1.5x; CEO max removed.

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