leadership
confidence high
sentiment neutral
materiality 0.40
IMAX extends Chief Legal Officer Robert Lister's employment to Dec 31, 2029
IMAX CORP
- Robert D. Lister's employment agreement term extended to December 31, 2029 via third amendment dated Aug 19, 2026.
- If terminated for cause or resignation without Good Reason before Dec 31, 2029, unvested equity awards cancelled without consideration.
- Exception: six-month notice resignation preserves vesting per Service Factor under LTIP; PSUs subject to original performance conditions.
- If company does not offer similar terms after Dec 31, 2029 and employment terminates, unvested equity awards continue vesting under Service Factor.
- Compensation and severance terms remain otherwise unchanged; other material terms unchanged.