The latest announcement is out from Plug Power (PLUG).
Plug Power Inc. has provided retention awards to key employees, including executive officers, to encourage their continued commitment to the company. Top executives received $440,000 in combined cash and restricted stock that vests over a year, underscoring the firm’s effort to retain talent. Additionally, the company has entered into a Relocation and Retention Agreement with an executive, offering a significant contingent payment for relocating and a retention bonus, both of which are subject to repayment conditions tied to continued employment, demonstrating the company’s strategic investments in maintaining a stable and motivated leadership team.
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