Celsius Holdings enters new employment agreement with CEO John Fieldly

Celsius Holdings, Inc.

Three-year initial term effective Jan 1, 2024; auto-renews yearly unless 90-day non-renewal notice given.
Base salary of $850,000; target annual bonus equal to 100% of base salary based on performance criteria.
2024 long-term incentive award valued at $3.0 million in equity under the 2015 Stock Incentive Plan.
Severance: 2x base + target bonus for termination without cause/good reason; 2.5x upon change in control.
Non-solicitation, non-competition, and confidentiality covenants included.

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