fuboTV enters new CEO employment agreement with Gandler; base salary, equity tied to performance

FuboTV Inc.

Base salary $730k for 2023, rising to $995k in 2024; annual bonus target 100% of base.
Grant of 730,338 PRSUs (target), 365,168 RSUs, and 636,298 options, all contingent on shareholder approval of 20M share reserve increase.
PRSUs vest based on annual performance (Adjusted EBITDA, revenue, subscribers) through 2025; RSUs and options vest over 4 years.
Severance: 24 months base salary plus pro-rated bonus if terminated without cause or for good reason; double bonus if within change-in-control period.
Equity awards forfeited if shareholders do not approve plan amendment at June 15, 2023 annual meeting.

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