Newmark CFO Rispoli signs new 5-year contract with 750,000 RSUs and change-of-control protections

NEWMARK GROUP, INC.

Annual salary unchanged at $850,000; initial term of 5 years with automatic 1-year renewals.
Granted 500,000 RSUs and 250,000 RSUs, each vesting 1/7 annually over 7 years with staggered start dates.
Change-of-control clause: if Cantor/Lutnick loses control, unvested RSUs and partnership units accelerate ratably over 3 years.
Post-change-of-control termination without cause triggers $1.5M lump-sum severance plus medical benefits.
Two-year non-compete and three-year non-solicit of employees/clients apply post-termination.

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