Sphere Entertainment renews CEO Jim Dolan with performance options for 2.78M shares, term to 2027

Sphere Entertainment Co.

Annual base salary not less than $230,000; target bonus of 200% of base salary.
Performance vesting options: 1,800,000 shares granted July 1, 2024; 984,700 shares to be granted early 2025.
Options contingent on stockholder approval of stock plan amendment; if denied, annual long-term awards of at least $11.77M.
Employment term through June 30, 2027; severance includes 2x base plus target bonus.
Non-compete restriction extends one year after termination.

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