leadership
confidence high
sentiment neutral
materiality 0.50
AgriForce sets new CEO compensation at $220k cash + $220k RSUs; Chairman gets $45k cash + deal-based RSUs
AVAX ONE TECHNOLOGY LTD.
- Chairman David Welch receives $45,000/year cash plus RSUs valued at $50,000 per consummated acquisition or JV.
- CEO Jolie Kahn gets $220,000/year cash, payable monthly at $9,166.67, with an additional $9,166.67/month accrued quarterly.
- Kahn also receives $220,000/year in RSUs, payable quarterly starting September 30, 2024.
- RSUs are computed using 30-day trailing VWAP; dollar value based on prior day's closing price.
- Kahn becomes eligible for health benefits effective January 1, 2025; both may get additional bonuses.