Kopin enters new employment agreement with CEO Michael Murray

KOPIN CORP

CEO Michael Murray's new agreement effective April 15, 2024; base salary $495,000.
Target bonus of 100% of base salary, maximum 150%, based on Board-determined goals.
Eligible for equity awards; change of control accelerates vesting of outstanding time-based awards.
Mr. Murray is no longer eligible to participate in the executive stock program for other senior executives.
Employment agreement to be filed with next quarterly report.

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