Red Cat appoints Leah Lunger as CFO with $230K salary, 900K RSU initial grant

Red Cat Holdings, Inc.

Base salary of $230,000 per year; eligible for annual bonus up to 50% of base salary.
One-time equity award of 900,000 restricted stock units; 150,000 vest immediately, remainder over 6 quarters and upon timely filing of annual report.
Employment term through June 10, 2026, with automatic one-year renewals unless notice given.
Severance benefits include 12 months salary, accelerated vesting, COBRA coverage upon qualifying termination.
Agreement includes clawback policy and good reason termination provisions.

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