secwatch.observer — SEC 8-K summary
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Issuer:     CVR PARTNERS, LP (UAN)
CIK:        0001425292
Form:       8-K
Filed at:   2021-12-27T23:59:59+00:00
Accession:  0001425292-21-000081
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVR Partners executive chairman Lamp gets $1.1M salary, extended performance unit award through 2024
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- Base salary increased to $1,100,000 under new employment agreement effective Dec 22, 2021.
- Annual cash bonus target set at 150% of base salary; incentive unit award also 150% of base salary.
- Performance unit award agreement amended, extending performance cycle to Dec 31, 2024, with potential $10M change-in-control payout.
- Employment agreement expires Dec 31, 2024; includes confidentiality, non-compete, and non-disparagement obligations.
- CVR Partners reimburses CVR Energy for portion of Lamp's compensation related to his services as Executive Chairman.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425292/000142529221000081/0001425292-21-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425292/000142529221000081/cvi-20211222.htm
  HTML page:      https://secwatch.observer/filing/0001425292-21-000081

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