Mastech Digital signs consulting deal with Primentor, awards 385K stock options, founder equity kickers

Mastech Digital, Inc.

Consulting fees: $100K/mo for first 9 months, then $30K, $25K, $20K/mo, plus $120K lump sum at year 2.
Issued options for 192,500 shares each to Murthy and Sengupta at $8.34/share, vesting over 3 years.
Upon a Sale Event, Murthy and Sengupta each may receive up to 1.1% of outstanding shares from founders.
Term is 3 years initial; renewal options; termination without cause after 9 months yields up to $120K fee.

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