leadership
confidence high
sentiment neutral
materiality 0.55
Funko extends Good Reason resignation window for Andrew Perlmutter to 16 months
Funko, Inc.
- Second Amendment to employment agreement on Aug 15, 2023 extends Good Reason resignation period from initial event to 16 months.
- Acknowledges Dec 5, 2022 change in position as Good Reason event; allows Perlmutter to resign for Good Reason before Apr 5, 2024.
- Resignation for Good Reason triggers full severance benefits under the Employment Agreement.
- No other changes to employment terms; agreement otherwise remains in effect.