Courtside Group signs President Kit Gray to new employment agreement; $375K salary, equity grants

PodcastOne, Inc.

Employment agreement with Kit Gray effective Jan 1, 2023, for 2 years; annual salary $375,000.
Target performance bonus up to 100% of average annualized base salary per fiscal year.
Equity grant: 325,000 PC1 RSUs (Courtside) and 150,000 LVO RSUs (LiveOne), vesting over 2 years.
Termination without cause or good reason triggers 6 months salary and full RSU acceleration.
Board approved 2023 Annual Bonus Plan on Aug 23, 2023, for executive officers.

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