secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sintx Technologies, Inc. (SINT)
CIK:        0001269026
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001493152-24-043336
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

SINTX Technologies amends CEO employment agreement, extends term to 12 months and adds change of control provisions
--------------------------------------------------------------------------------

- CEO Eric K. Olson's employment term extended from 6 to 12 months, with automatic 6-month renewals unless notice given.
- New Change of Control Agreement provides for full vesting of all outstanding options, restricted stock, and other equity upon change of control.
- Severance after change of control: lump sum equal to 1x highest annual salary including bonuses over prior 3 years, plus 12 months health coverage.
- Change of control defined as 50% voting power acquisition, merger, asset sale, or board composition change not approved.
- Gross-up provision for excise tax under Section 4999 if severance payments exceed limits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1269026/000149315224043336/0001493152-24-043336-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1269026/000149315224043336/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-043336

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer