other material
confidence high
sentiment neutral
materiality 0.45
Bridgeline Digital amends CEO Kahn's contract; salary $421,500, bonus target $215,000
Bridgeline Digital, Inc.
- CEO Kahn's annual salary raised to $421,500, effective Jan 1, 2025, with semi-monthly payments.
- Target bonus of $215,000 per year, based on criteria set by Compensation Committee.
- Employment term through Sep 30, 2026, auto-renewing annually unless non-renewal notice given.
- Severance: 12 months base + bonus (18 months if near Change in Control) plus COBRA and equity vesting.
- Amended agreement replaces prior 2019 employment agreement.