other_material
confidence high
sentiment neutral
materiality 0.50
Cineverse Corp. signs new CFO employment agreement with Mark Lindsey; $350K base salary, 71,699 RSUs
Cineverse Corp.
- CFO Mark Lindsey's new employment agreement runs through Sep 13, 2027 with automatic one-year renewal.
- Annual base salary $350K; target bonus of $175K under Management Annual Incentive Plan.
- Award of 71,699 restricted stock units vesting over three years under 2017 Equity Incentive Plan.
- Severance: 12 months' base salary for termination without cause or with good reason; 2x (base + target) upon change in control.
- Non-competition and non-solicitation covenants apply for one year post-employment.
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