CEO Boreta enters new 5-year employment agreement; Board adopts 2026 equity plan with 1.5M shares

Agassi Sports Entertainment Corp.

Employment agreement with CEO Ronald Boreta effective March 1, 2026, 5-year term through Feb 28, 2031.
Base salary $270,000 with automatic 10% annual increases; sign-on cash bonus of $250,000 (unpaid) and 300,000 RSUs vesting over 3 years.
Termination severance: 3x base salary plus targeted bonus on termination without cause or for good reason; accelerated vesting; 12-month non-compete.
Board adopted 2026 Equity Incentive Plan authorizing 1,500,000 shares for issuance to employees, officers, directors, and consultants.

item 5.02 item 9.01

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