leadership
confidence high
sentiment neutral
materiality 0.45
Park City Group enters employment agreement with CFO John Merrill through May 2026
ReposiTrak, Inc.
- Base salary of $275,000/year ($22,917 per month); discretionary bonus up to 50% of base salary.
- Grant of 50,000 restricted shares valued at $4.82 per share, vesting pro-rata over five years from May 16, 2022.
- Employment term ends May 15, 2026; renewable by mutual agreement.
- On involuntary termination other than for cause: 6 months base salary, COBRA benefits, full acceleration of unvested equity.
- Six-month non-compete in Salt Lake City metro area if employer enforces; non-solicitation of employees/customers.