other material
confidence high
sentiment neutral
materiality 0.30
Traeger amends compensation for Apption Labs President James Hardy with relocation and tax benefits
Traeger, Inc.
- Relocation to Leicester, UK by Jan 1, 2024; expenses covered (shipping, storage, temp housing, rental car, meals, airfare) plus $12,000 allowance.
- Annual two round-trip business class air tickets for Hardy and spouse between UK and US (excl. Hawaii and Alaska).
- Tax equalization to keep burden similar to Florida; hypothetical tax withholding; tax prep assistance for 2023-2026.
- Eligible for UK employee benefits; healthcare coverage in both UK and US; continues US social security and retirement plan.
- Agreement dated Dec 4, 2023, amending prior offer letter; no change to existing employment terms otherwise.