Lions Gate enters 5-year CEO contract with Feltheimer; target bonus $7.5M, annual equity $10M

STARZ ENTERTAINMENT CORP /CN/

Base salary of $1.5M, target bonus $7.5M with 200% max, and annual equity target $10M (RSUs, options/SARs, performance RSUs).
Five-year term from Aug 1, 2024 through July 31, 2029; replaces prior agreement from 2020/2022.
Termination without cause or for good reason triggers cash severance equal to present value of base salary through 2029; change-of-control severance greater of that or $6M.
Upon qualifying termination or retirement, unvested annual equity awards accelerate or continue vesting.
Annual equity grants for FY2026-2029 each split 1/3 time-based RSU, 1/3 options/SARs, 1/3 performance RSU.

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