other material
confidence high
sentiment neutral
materiality 0.40
AquaBounty enters amended CFO agreement; base salary $325k, bonus target 40%
AQUABOUNTY TECHNOLOGIES INC
- CFO David Frank receives base salary of $325,000 and target annual bonus of 40% of base.
- Severance on termination without cause: 12 months salary, pro rata bonus, and health coverage for 1 year.
- Unvested equity vests pro rata on termination without cause/good reason; full vesting upon change of control within 12 months.
- Employment is at-will; agreement effective March 29, 2023.