Fermi Inc. finalizes employment agreements for CEO and three C-suite executives with IPO effective

Fermi Inc.

CEO Toby Neugebauer receives $500k base salary, twice-yearly equity top-up grant ensuring 40% of all LTIP awards to employees.
CDO Charlie Hamilton, COO Jacobo Ortiz, CFO Miles Everson each get $500k base, 200% base target bonus, and annual LTIP awards valued at 200% of base salary.
Employment agreements effective upon IPO consummation; three-year initial term with automatic renewals unless 60-day notice of non-renewal.
Severance for all: 2x base (CEO) or 2x base+target+LTIP (others), plus COBRA 18 months, accelerated equity vesting (CEO target level).

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