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Celsius Holdings, Inc. has entered into a new employment agreement with its Chief Financial Officer, Mr. Jarrod Langhans, effective January 1, 2024. The agreement, announced on February 2, 2024, supersedes Mr. Langhans' previous contract and establishes a three-year term with automatic one-year extensions unless terminated with ninety days' notice. Mr. Langhans will receive an annual base salary of $500,000, subject to board review, and is eligible for an annual cash bonus equal to 50% of his base salary based on performance targets. Additionally, he will receive annual equity awards and severance benefits under certain termination conditions, including enhanced benefits if termination occurs around a change in control of the company. The agreement also includes standard clauses for business expense reimbursement, benefits plan participation, insurance for his family, paid vacation, and covenants regarding non-solicitation, non-competition, and intellectual property.
Celsius Holdings, Inc. has entered into a new employment agreement with its Chief Financial Officer, Mr. Jarrod Langhans, effective January 1, 2024. The agreement, announced on February 2, 2024, supersedes Mr. Langhans' previous contract and establishes a three-year term with automatic one-year extensions unless terminated with ninety days' notice. Mr. Langhans will receive an annual base salary of $500,000, subject to board review, and is eligible for an annual cash bonus equal to 50% of his base salary based on performance targets. Additionally, he will receive annual equity awards and severance benefits under certain termination conditions, including enhanced benefits if termination occurs around a change in control of the company. The agreement also includes standard clauses for business expense reimbursement, benefits plan participation, insurance for his family, paid vacation, and covenants regarding non-solicitation, non-competition, and intellectual property.
Celsius Holdings, Inc.已与其首席财务官贾罗德·朗汉斯先生签订了新的雇佣协议，该协议自2024年1月1日起生效。该协议于2024年2月2日宣布，取代了朗汉斯之前的合同，并规定除非提前九十天通知终止，否则期限为三年，自动延期一年。Langhans先生将获得500,000美元的年基本工资，但须经董事会审查，并且根据绩效目标，他有资格获得相当于其基本工资50％的年度现金奖励。此外，在某些解雇条件下，他将获得年度股权奖励和遣散费，包括如果因公司控制权变更而解雇，则将获得增强的福利。该协议还包括商业费用报销、福利计划参与、家庭保险、带薪休假的标准条款，以及有关不招标、不竞争和知识产权的承诺。
Celsius Holdings, Inc.已与其首席财务官贾罗德·朗汉斯先生签订了新的雇佣协议，该协议自2024年1月1日起生效。该协议于2024年2月2日宣布，取代了朗汉斯之前的合同，并规定除非提前九十天通知终止，否则期限为三年，自动延期一年。Langhans先生将获得500,000美元的年基本工资，但须经董事会审查，并且根据绩效目标，他有资格获得相当于其基本工资50％的年度现金奖励。此外，在某些解雇条件下，他将获得年度股权奖励和遣散费，包括如果因公司控制权变更而解雇，则将获得增强的福利。该协议还包括商业费用报销、福利计划参与、家庭保险、带薪休假的标准条款，以及有关不招标、不竞争和知识产权的承诺。
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