secwatch.observer — SEC 8-K summary
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Issuer:     SUI Group Holdings Ltd. (SUIG)
CIK:        0001425355
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0001654954-23-002070
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Mill City Ventures III enters two-year employment agreements with CEO Polinsky and CFO Geraci at $200k base salary each
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- CEO Douglas M. Polinsky and CFO Joseph A. Geraci II sign new employment agreements effective Jan 1, 2023 through Dec 31, 2024.
- Each executive receives $200,000 base annual salary, health insurance, and 401(k) eligibility.
- Agreements include two-year non-competition and non-solicitation covenants.
- Non-cause termination entitles executive to base salary through remainder of term; for cause/death/disability only salary through termination date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425355/000165495423002070/0001654954-23-002070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425355/000165495423002070/mcvt_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-002070

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer