BNED grants $450k retention bonuses to two NEOs; CEO Huseby gets up to $1.1M performance incentive

Barnes & Noble Education, Inc.

Michael C. Miller and Jonathan Shar each receive $450k retention bonus; $225k paid Sept 15, 2023, $225k due Feb 1, 2024.
CEO Huseby eligible for up to $1.1M: $220k tranches tied to Q2 FY2024 EBITDA, credit compliance, ATC deal, board discretion.
Clawback provision: if executive leaves voluntarily/for cause before Dec 31, 2023, company may claw back first payment pro rata.

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