TILT Holdings CRO Nathaniel Kelly departs; separation agreement provides 12 months salary, RSU acceleration

TILT Holdings Inc.

CRO Nathaniel Christopher Kelly separated Oct 14, 2024; Separation Agreement signed Oct 25.
Separation benefits: 12 months of base salary, plus accelerated vesting of 281,250 RSUs.
Company to reimburse COBRA premiums for up to 18 months following separation.
Non-compete, non-solicit obligations waived; replaced by 3-month non-solicitation covenant.
Mutual release of claims between Kelly and Company; no admission of liability.

item 5.02 item 9.01

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Departed

Nathaniel Christopher Kelly

Chief Revenue Officer

TILT Holdings Inc.

Effective: 2024-10-14
Filed: October 31, 2024, 7:59 PM ET

Nathaniel Christopher Kelly departed as Chief Revenue Officer of TILT Holdings Inc. (the “Company”) on October 14, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Nathaniel Christopher Kelly departed as Chief Revenue Officer at TILT Holdings Inc..

Action: departed
Role: Chief Revenue Officer

Exact text from the filing

Nathaniel Christopher Kelly departed as Chief Revenue Officer of TILT Holdings Inc. (the “Company”) on October 14, 2024.

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Source: SEC EDGAR

accession 0001558370-24-014061

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