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Riot Platforms ( (RIOT) ) has provided an announcement.
Riot Platforms, Inc. has updated its executive employment agreements, effective November 20, 2024, focusing on administrative changes to improve clarity on severance procedures and payment timing for executives. The revised agreement ensures lump-sum severance payments and outlines conditions for stock award vesting upon termination. These changes apply to key executives, maintaining existing terms while setting a 36-month employment term with automatic renewals.
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