Inspire Veterinary Partners, Inc. Class A (IVP) has released an update.
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Inspire Veterinary Partners has solidified its executive team by finalizing an employment agreement with Richard Frank as the Chief Financial Officer, effective January 1, 2024, following the company’s IPO completion. The agreement, which includes a base salary of $210,000 with annual review, also ties in performance-related bonuses based on revenue and profit targets, along with potential stock awards. Additionally, it contains non-compete, non-solicitation, and confidentiality clauses to protect the company’s interests. Mr. Frank’s role is integral to the company, demanding full-time commitment and prohibiting involvement in competing businesses.
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