Live Nation CEO Rapino signs new employment contract through 2027 with $3M salary, $17M target bonus

Live Nation Entertainment, Inc.

Michael Rapino continues as President & CEO; term from July 1, 2022 to December 31, 2027.
Base salary of $3M; target annual cash bonus of $17M based on adjusted operating income goals.
Annual performance equity grants of at least $10M in restricted stock starting in 2023.
Signing bonus of $6M and equity awards: 333,751 time-based restricted shares and 1.12M performance shares tied to stock price targets from $93.90 to $143.90.
Change in control triggers full vesting of all unvested equity; termination without cause yields 2x salary plus bonus.

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