leadership
confidence high
sentiment neutral
materiality 0.55
GrowGeneration enters new employment agreement with CFO Gregory Sanders
GrowGeneration Corp.
- Base salary of $325,000 with automatic 10% annual increases each August 16.
- Annual performance cash bonus target of 50% of base salary, max 100%.
- Grant of 180,000 RSUs vesting in equal installments over three years.
- Three months' severance (salary + target bonus + benefits) if terminated without Cause.
- New agreement supersedes the August 2022 employment agreement and its 90,000 RSU grant.