leadership
confidence high
sentiment neutral
materiality 0.50
CFO Michael Bond enters new employment agreement with $275K base salary and bonus up to 100%
Vislink Technologies, Inc.
- Annual base salary of $275,000; discretionary bonus target of 60% of base salary, max 100%.
- On termination without cause or for good reason, 12 months severance pay plus pro-rated bonus.
- Accrued severance of $52,884.62 from prior 2020 agreement payable on any termination.
- COBRA healthcare reimbursement for up to 12 months after qualifying termination.
- Agreement is at-will; includes confidentiality, non-solicitation, and non-competition covenants.