EX-10.21
from 10-K/A
2 pages
Retention Agreement December 21, 2022 1. Duration the Term of This Agreement Will Begin on Today’s Date and End June 30th, 2023, Unless Your Employment Is Terminated Earlier by RiceBran Technologies as Outlined in Sections 4 and 5. 2. Title and Job Responsibilities You Will Continue to Be Employed as the Chief Financial Officer (CFO) and Chief Operating Officer (COO), Devoting Your Best Professional Efforts, Time, and Skill to the Performance of the Duties. You Will Continue to Report to Peter Bradley, Executive Chairman. 3. Compensation Your Annual Base Salary Will Remain $275,000 Per Year, and You Will Be Paid in Accordance With Rbt’s Normal Payroll Procedures. Salary Adjustments May Occur Including Merit Increases, Equity Adjustments, Salary Reductions or Other Changes as Deemed Necessary. 4. Retention Bonus 5. Termination for Purposes of This Agreement, Cause Means: ● Your Willful and Continued Failure to Perform Substantially Your Duties With RiceBran Technologies. ● Your Willful Engagement in Illegal Conduct or Gross Misconduct. for Purposes of This Agreement, Good Reason Means: ● RiceBran Technologies Fails to Maintain Fiscal Strength Enough to Retain Your Employment
12/34/56
