GrowGeneration enters new employment agreements with CEO and President effective Jan 1, 2023

GrowGeneration Corp.

CEO Darren Lampert and President Michael Salaman each sign new 2-year employment agreements starting Jan 1, 2023.
Each executive receives $500,000 base salary; target annual bonus of 50% of base, max 100%.
Each granted 100,000 RSUs vesting in equal installments over two years on June 15 and Dec 15.
Three months severance (base + target bonus + benefits) if terminated without cause.
Agreements replace prior March 2020 executive agreements which will not auto-renew.

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