Brand Engagement Network enters CEO employment agreement with Tyler Luck; base salary $360K, option for 100K shares

Brand Engagement Network Inc.

Base salary $360,000 per year; term June 1, 2026 to June 1, 2029.
One-time payments: $125,000 for interim CEO service (Sep 2025-May 2026) and $150,000 bonus for 2025.
Non-qualified option to purchase 100,000 shares, vesting over 3 years (25k immediate, then annually).
Performance bonuses: 3x salary if listed on Russell 1000 Growth; 5% of patent licensing revenue over $10M; RSUs at $1B, $2B, $3B market cap.
Company may terminate only for Good Cause; severance is base salary for remainder of term or one year, whichever greater.

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