Motus GI Amends CFO Agreement, Defers Board Compensation

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.