authID appoints Thomas R. Szoke as CTO with $250K salary, 500K option grant

authID Inc.

Thomas R. Szoke, former director and company founder, named CTO effective April 12, 2023.
Initial base salary $250K; signing bonus $20,833; annual target bonus up to $200K.
Amended 100,000-share option grant (strike $0.33) with time- and market-cap-based vesting.
Company to grant additional 400,000-share option when shares become available under equity plan.
Retention agreement provides severance of 100% base salary plus bonus upon change-of-control or involuntary termination.

item 5.02 item 9.01

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Appointed

Thomas R. Szoke

Chief Technology Officer

AUID · authID Inc.

Effective: 2023-04-12
Filed: April 18, 2023, 7:59 PM ET

On April 12, 2023, authID Inc. (the “Company”) and Thomas R. Szoke, a director of the Company, entered an Offer Letter pursuant to which Mr. Szoke agreed to serve as Chief Technology Officer of the Company in consideration of an initial annual salary of $250,000.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Thomas R. Szoke was appointed as Chief Technology Officer at authID Inc..

Action: appointed
Role: Chief Technology Officer

Exact text from the filing

On April 12, 2023, authID Inc. (the “Company”) and Thomas R. Szoke, a director of the Company, entered an Offer Letter pursuant to which Mr. Szoke agreed to serve as Chief Technology Officer of the Company in consideration of an initial annual salary of $250,000.

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Source: SEC EDGAR

accession 0001213900-23-030640

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