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Sphere 3D Corp. has entered into a new employment agreement with its CEO and Director, Patricia Trompeter, effective January 15, 2024. This agreement supersedes the previous one dated April 8, 2022. Under the terms of the new agreement, Trompeter will receive an annual base salary of $450,000 and is eligible for an annual discretionary bonus of up to 150% of her base salary, along with additional restricted stock units (RSUs) based on performance and financial targets set by the Board. Trompeter was granted 1,000,000 RSUs, with 25% vested on the effective date and the rest to vest quarterly until December 31, 2025. She has deferred the vesting of the first tranche of RSUs. The agreement also includes provisions for benefits upon a Change of Control and standard clauses on confidentiality and noncompetition. The full text of the new employment agreement was filed with the SEC as Exhibit 10.1 on the Form 8-K report dated January 19, 2024.
Sphere 3D Corp. has entered into a new employment agreement with its CEO and Director, Patricia Trompeter, effective January 15, 2024. This agreement supersedes the previous one dated April 8, 2022. Under the terms of the new agreement, Trompeter will receive an annual base salary of $450,000 and is eligible for an annual discretionary bonus of up to 150% of her base salary, along with additional restricted stock units (RSUs) based on performance and financial targets set by the Board. Trompeter was granted 1,000,000 RSUs, with 25% vested on the effective date and the rest to vest quarterly until December 31, 2025. She has deferred the vesting of the first tranche of RSUs. The agreement also includes provisions for benefits upon a Change of Control and standard clauses on confidentiality and noncompetition. The full text of the new employment agreement was filed with the SEC as Exhibit 10.1 on the Form 8-K report dated January 19, 2024.
Sphere 3D Corp. 已与其首席执行官兼董事帕特里夏·特隆彼得签订了新的雇佣协议，该协议自2024年1月15日起生效。该协议取代了之前于2022年4月8日签订的协议。根据新协议的条款，Trompeter将获得45万美元的年基本工资，并有资格获得高达其基本工资150％的年度全权奖金，以及基于董事会设定的业绩和财务目标的额外限制性股票单位（RSU）。Trompeter获得了1,000,000个限制性股票单位，其中25％自生效之日起归属，其余部分将按季度归属，直至2025年12月31日。她推迟了第一批限制性股票单位的归属。该协议还包括控制权变更后的福利条款以及有关保密和不竞争的标准条款。新雇佣协议的全文已作为2024年1月19日8-K表报告的附录10.1提交给美国证券交易委员会。
Sphere 3D Corp. 已与其首席执行官兼董事帕特里夏·特隆彼得签订了新的雇佣协议，该协议自2024年1月15日起生效。该协议取代了之前于2022年4月8日签订的协议。根据新协议的条款，Trompeter将获得45万美元的年基本工资，并有资格获得高达其基本工资150％的年度全权奖金，以及基于董事会设定的业绩和财务目标的额外限制性股票单位（RSU）。Trompeter获得了1,000,000个限制性股票单位，其中25％自生效之日起归属，其余部分将按季度归属，直至2025年12月31日。她推迟了第一批限制性股票单位的归属。该协议还包括控制权变更后的福利条款以及有关保密和不竞争的标准条款。新雇佣协议的全文已作为2024年1月19日8-K表报告的附录10.1提交给美国证券交易委员会。
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