Superior Group locks CFO Koempel through 2028 with $426K salary, guaranteed equity grants

SUPERIOR GROUP OF COMPANIES, INC.

New employment agreement with CFO Michael Koempel expires Dec 31, 2028.
Base salary $426,400; target bonus 61% of base; minimum $100K bonus for FY2024.
Guaranteed equity awards: at least $304,500 in 2024 and $389,000 in 2025.
Severance: 2x highest annual comp if terminated w/in 12 months after change of control before 2027; 1.1x after.
Restricted stock grant of 17,233 shares vests Feb 2027, accelerates on change of control.

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