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Plug Power | 8-K: Plug Power Announces That Its Compensation Committee Has Approved Retention Awards for Key Employees, Including Senior Executives

Plug Power | 8-K: Plug Power Announces That Its Compensation Committee Has Approved Retention Awards for Key Employees, Including Senior Executives

普拉格能源 | 8-K：普拉格能源宣布薪酬委员会已批准对包括高管在内的关键员工保留奖励
美股sec公告 ·  05/15 22:42
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On May 9, 2024, Plug Power Inc. announced that its Compensation Committee had approved retention awards for key employees, including top executives, to encourage their continued service during a pivotal time for the company. The recipients of the retention awards include Chief Financial Officer Paul B. Middleton, General Counsel Gerard L. Conway, Jr., and General Manager Jose Luis Crespo, each receiving a total award value of $440,000, split into 25% cash and 75% restricted stock. The restricted stock vests in increments over a year, starting from the date of issue. Additionally, the company entered into a Relocation and Retention Agreement with Sanjay K. Shrestha, General Manager and Chief Strategy Officer, on May 10, 2024. This agreement includes a one-time relocation payment of $575,000 and an equal retention payment, both contingent upon Shrestha's relocation to within 30 miles of the company's headquarters by December 31, 2024, and subject to repayment conditions based on the duration of his continued employment.
On May 9, 2024, Plug Power Inc. announced that its Compensation Committee had approved retention awards for key employees, including top executives, to encourage their continued service during a pivotal time for the company. The recipients of the retention awards include Chief Financial Officer Paul B. Middleton, General Counsel Gerard L. Conway, Jr., and General Manager Jose Luis Crespo, each receiving a total award value of $440,000, split into 25% cash and 75% restricted stock. The restricted stock vests in increments over a year, starting from the date of issue. Additionally, the company entered into a Relocation and Retention Agreement with Sanjay K. Shrestha, General Manager and Chief Strategy Officer, on May 10, 2024. This agreement includes a one-time relocation payment of $575,000 and an equal retention payment, both contingent upon Shrestha's relocation to within 30 miles of the company's headquarters by December 31, 2024, and subject to repayment conditions based on the duration of his continued employment.
2024年5月9日，Plug Power Inc.宣布，其薪酬委员会已批准向包括高层管理人员在内的关键员工提供留用奖励，以鼓励他们在公司的关键时期继续服务。留存奖励的获得者包括首席财务官保罗·米德尔顿、总法律顾问小杰拉德·康威和总经理何塞·路易斯·克雷斯波，他们每人获得的奖励总额为44万美元，分为25％的现金和75％的限制性股票。自发行之日起，限制性股票在一年内逐步归属。此外，该公司于2024年5月10日与总经理兼首席战略官桑杰·什雷斯塔签订了搬迁和留用协议。该协议包括57.5万美元的一次性搬迁补助金和等额的留存金，两者均以Shrestha在2024年12月31日之前搬迁到公司总部不到30英里为前提，还款条件取决于其继续工作的期限。
2024年5月9日，Plug Power Inc.宣布，其薪酬委员会已批准向包括高层管理人员在内的关键员工提供留用奖励，以鼓励他们在公司的关键时期继续服务。留存奖励的获得者包括首席财务官保罗·米德尔顿、总法律顾问小杰拉德·康威和总经理何塞·路易斯·克雷斯波，他们每人获得的奖励总额为44万美元，分为25％的现金和75％的限制性股票。自发行之日起，限制性股票在一年内逐步归属。此外，该公司于2024年5月10日与总经理兼首席战略官桑杰·什雷斯塔签订了搬迁和留用协议。该协议包括57.5万美元的一次性搬迁补助金和等额的留存金，两者均以Shrestha在2024年12月31日之前搬迁到公司总部不到30英里为前提，还款条件取决于其继续工作的期限。
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