MIND Technology enters employment agreement with CFO Mark A. Cox; salary unchanged at $270k

MIND TECHNOLOGY, INC

Agreement dated Jan 24, 2025; Mr. Cox continues as VP and CFO.
Base salary remains $270,000; eligible for annual bonus and equity awards.
Two-year initial term with automatic one-year renewals unless notice given.
Severance on termination without cause or for good reason: 1x base salary plus greater of last bonus or 25% of base.
Severance conditioned on release and 12-month non-compete/non-solicit covenants.

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