HireQuest enters employment agreement with CLO McAnnar; $240k base salary, 10k restricted shares

HireQuest, Inc.

Effective Sept 1, 2023, term through Aug 31, 2025; McAnnar continues as CLO, VP, and Corporate Secretary.
Base salary of $240,000; eligible for discretionary bonus and performance bonus up to 50% of base salary.
Granted 10,000 restricted shares vesting 50% at 2nd anniversary and 6.25% per quarter thereafter.
Severance for without-cause/good-reason termination includes pro-rata bonus, 1 month salary per year served up to 6 months, and pro-rata vesting.
Change-of-control termination triggers lump sum of 150% of base salary and full vesting of equity awards.

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