Lions Gate enters CFO James W. Barge employment agreement; $1.25M salary, 240% bonus target

STARZ ENTERTAINMENT CORP /CN/

Term runs Aug 1 2023 to July 31 2026; base salary $1,250,000.
Annual target bonus at 240% of base; equity grants worth $3,750,000 annually in RSUs and options.
Severance: without cause, greater of 50% of base for remainder of term or 18 months' base; enhanced if near change in control.
At term end (Aug 2026), one-year consulting agreement at $41,666.67/month.
Equity awards vest over three years; acceleration on certain terminations.

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