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DMC Global ( (BOOM) ) has shared an announcement.
DMC Global Inc. has approved special retention grants for two key executives, aiming to reward and motivate them while enhancing long-term shareholder value. These grants, comprising 50% restricted stock and 50% cash equivalent to each officer’s base salary, will vest in 18 months, contingent on continued service. The agreements ensure vesting in cases of termination without cause or significant corporate changes, aligning executive incentives with company stability and growth.
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