Byrna enters new CEO employment agreement with Bryan Ganz; $495k base salary and 600k RSUs with performance vesting

Byrna Technologies Inc.

Annual base salary of $495,000 with target bonus of 100% of base salary for fiscal year, effective Sept 1, 2023.
Grant of 600,000 restricted stock units on Dec 1, 2023, vesting based on stock price targets of $6, $9, and $12 per share.
Agreement runs through Aug 31, 2026, with severance provisions including 12 months base pay plus 50% of target bonus upon termination without cause or for good reason.
RSUs subject to double trigger: stock price achievement and CEO service through end date, with accelerated vesting for certain termination events.

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