other material
confidence high
sentiment neutral
materiality 0.50
TKO enters employment agreement with CLO Seth Krauss through 2027; $2M base salary
TKO Group Holdings, Inc.
- Annual base salary of $2,000,000; target bonus also $2,000,000.
- One-time RSU award of 39,109 shares vesting equally over 4 years through Dec 2027.
- Annual equity target of $4,000,000 (pro-rated $1,216,438 for FY2023), vesting over 3 years.
- Term from Jan 1, 2024 to Dec 31, 2027; post-termination severance includes base salary and accelerated vesting.
- Non-compete restrictions up to 6 months post-termination if severance continues.