Motorsport Games enters new employment agreements with CEO and CFO

Motorsport Games Inc.

CEO Stephen Hood receives GBP 378,000 base salary, target cash bonus of 50% of base.
CFO Stanley Beckley receives USD 300,000 base salary, target cash bonus of 25% of base.
CEO termination requires 6 months' notice by executive, 18 months by company; payment in lieu possible.
CFO severance of 6 months' base salary if terminated without cause or for good reason; equity vests on change in control.
Both executives subject to 12-18 month non-compete, non-solicit, and perpetual confidentiality.

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