---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-014906"
form_type: "8-K"
ticker: "IVPR"
cik: "0001939365"
company_name: "INSPIRE VETERINARY PARTNERS, INC."
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:27:38.478853+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Inspire Veterinary Partners formalizes CFO Richard Frank's employment agreement with $210K base salary

## Summary
- Employment agreement effective Jan 1, 2024; initial term of 1 year, renewable by board vote.
- Base salary of $210,000 per annum; eligible for annual bonuses based on revenue and profit targets.
- Revenue bonus: up to 125% of 15% salary target if revenue exceeds 110% of budget; profit bonus similarly structured.
- Eligible for stock bonus (10-14% of base salary) tied to performance, fully vested upon issuance.
- Severance: 1 year base salary if terminated for certain good-reason events; restrictive covenants non-solicit for 2 years.

## SEC filing metadata
- accession: 0001213900-24-014906
- form_type: 8-K
- ticker: IVPR
- cik: 0001939365
- company_name: INSPIRE VETERINARY PARTNERS, INC.
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1939365/000121390024014906/0001213900-24-014906-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1939365/000121390024014906/ea193965-8k_inspire.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-014906
- JSON: https://secwatch.observer/filing/0001213900-24-014906.json
- Plain text: https://secwatch.observer/filing/0001213900-24-014906.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.