---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-100549"
form_type: "8-K"
ticker: "CHH"
cik: "0001046311"
company_name: "CHOICE HOTELS INTERNATIONAL INC /DE"
filed_at: "2023-04-13T23:59:59+00:00"
generated_at: "2026-06-17T02:23:16.071528+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Choice Hotels updates executive severance form, enters agreement with Chief Development Officer Pepper

## Summary
- Entered Non-Competition, Non-Solicitation & Severance Benefit Agreement with CDO David A. Pepper on April 7, 2023.
- New form has three-year initial term; non-competition provision limited to U.S. and defined competitors.
- Severance payments begin on 60th day after termination subject to irrevocable release of claims.
- Form amends 2017 version with updated definitions for 'Bainum Affiliates' and 'Good Reason'.
- Expected to be used with future executive officers, subject to committee amendment.

## SEC filing metadata
- accession: 0001193125-23-100549
- form_type: 8-K
- ticker: CHH
- cik: 0001046311
- company_name: CHOICE HOTELS INTERNATIONAL INC /DE
- filed_at: 2023-04-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046311/000119312523100549/0001193125-23-100549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046311/000119312523100549/d468401d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-100549
- JSON: https://secwatch.observer/filing/0001193125-23-100549.json
- Plain text: https://secwatch.observer/filing/0001193125-23-100549.txt

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