Legacy Housing enters amended employment agreement with Executive Chairman Hodgson through June 2024

Legacy Housing Corp

Base salary of $200,000/year; signing bonus of 150,000 restricted shares (vested upon grant).
Eligible for annual bonus up to 100% of base salary; equity awards: 175,000 shares if stock hits $36 for 15 consecutive days and another 175,000 if hits $48.
Term from Jan 1, 2022 to June 16, 2024; includes non-compete and non-solicitation clauses for 1-2 years post-termination.
Change of control provision: 24 months' compensation if terminated within one year after change of control.

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