Immersion files patent infringement lawsuit against Meta over AR/VR haptics; raises CEO, CFO, Chairman salaries

IMMERSION CORP

Filed complaint against Meta in W.D. Texas alleging Quest 2 etc. infringe six haptic patents, seeking injunction and royalties.
CEO salary raised from $345K to $379.5K; CFO from CAD$310K to CAD$335K; Executive Chairman from $450K to $495K.
2022 Bonus Plan: CEO eligible for up to 50% base salary bonus, CFO up to 40%, Chairman up to 100%.
Updated indemnity agreements for directors/officers; new Change of Control agreements provide 200% base salary severance for Singer/Martin.
Immersion asserts patents including '806, '524, '217, '298, '222, '143 covering haptic effects in AR/VR.

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