tiprankstipranks
Motus GI Amends CFO Agreement, Defers Board Compensation
Company Announcements

Motus GI Amends CFO Agreement, Defers Board Compensation

Invest with Confidence:

Motus Gi Holdings Inc (MOTS) just unveiled an announcement.

Motus GI Holdings, Inc. has amended its CFO’s employment agreement to include a special adjustment payment equal to nine months’ salary if terminated for good reason, which reduces if the CFO finds new employment. Additionally, board members’ cash compensation for 2023 and 2024 is deferred until a strategic transaction is achieved, with bonuses for employees set aside contingent on this event within the same timeframe.

For an in-depth examination of MOTS stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles