secwatch.observer — SEC 8-K summary
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Issuer:     SILVER STAR PROPERTIES REIT, INC (—)
CIK:        0001446687
Form:       8-K
Filed at:   2024-04-11T23:59:59+00:00
Accession:  0001446687-24-000071
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silver Star Properties REIT enters employment agreements with CEO Wheeler and GC Collins
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- David Wheeler, President/Co-CEO, gets 1-year deal effective March 27, 2024; will also serve as COO.
- Wheeler base salary $375,000; max bonus 150% of $150,000; monthly expense allowance of $3,400.
- Adrienne Collins, General Counsel/Corp Secretary, gets 1-year deal with base salary $250,000; max bonus 150% of $110,000.
- Both agreements can be terminated without cause with base salary continued through end of Fixed Term.
- Wheeler agreement includes 1-year non-compete in self-storage real estate; non-solicitation for 18 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1446687/000144668724000071/0001446687-24-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1446687/000144668724000071/fil-20240406.htm
  HTML page:      https://secwatch.observer/filing/0001446687-24-000071

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