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Duos Technologies Secures Future with New Executive Contracts

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Duos Technologies Secures Future with New Executive Contracts

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Duos Technologies Group ( (DUOT) ) just unveiled an announcement.

On January 31, 2025, Duos Technologies Group, Inc. announced new Employment Agreements with key executives Charles Ferry, Adrian Goldfarb, and Christopher King effective January 1, 2025. These agreements, replacing previous ones, are set for an initial term of three years with automatic extensions, unless terminated with notice. The agreements outline base salaries and potential bonuses based on performance metrics. Additionally, the executives received equity awards under the company’s 2021 Equity Incentive Plan, subject to a three-year vesting period. This move signifies the company’s commitment to aligning executive incentives with long-term growth and stability.

More about Duos Technologies Group

YTD Price Performance: -8.44%

Average Trading Volume: 124,165

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $54.75M

See more insights into DUOT stock on TipRanks’ Stock Analysis page.

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