Sanara MedTech formalizes CEO Ronald Nixon employment agreement with $350K salary

Sanara MedTech Inc.

Base salary of $350,000, one-time cash bonus of $125,000, and annual stock award potential up to 75% of salary.
Annual performance-based restricted stock award up to $625,000 based on criteria set by Compensation Committee.
Severance: one year base salary for termination without Cause or for Good Reason; two years for termination within one year of Change of Control.
Employment term of one year with automatic renewals; non-compete and non-solicit for 12 months post-termination.

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