Mistras Group enters employment agreement with CFO Edward Prajzner effective Jan 1, 2025

Mistras Group, Inc.

Base salary $500K, target annual bonus 100% of base, auto allowance $10,100.
Target equity incentive 125% of base salary for 2024 and 2025 (0-200% payout range).
Severance: 24 months base salary, pro-rata bonus, 12 months COBRA, accelerated vesting of special award and earned RSUs.
Non-compete covenant for 12 months and non-solicitation for 24 months post-termination.
If termination within 90 days before or 12 months after change in control, lump sum equals 2x target bonus.

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