other material
confidence high
sentiment neutral
materiality 0.30
Civeo extends SVP Canada retention date to Dec 31, 2024; guarantees full 2024 bonus if terminated without cause
Civeo Corp
- Retention Date extended from June 30, 2024 to December 31, 2024 for Allan D. Schoening, SVP Canada.
- Full non-prorated target bonus for 2024 period guaranteed if terminated without Cause before new Retention Date.
- Amendment to Retention Commitment Agreement dated July 26, 2022 entered into on October 5, 2023.
- No change to base salary, equity, or other compensation terms disclosed.