Townsquare Media Inc.
12/28/2023 | Press release | Distributed by Public on 12/28/2023 15:35
Management Change/Compensation - Form 8-K
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 21, 2023, Townsquare Media Inc., a Delaware corporation (the "Company"), entered into an amendment (the "Amendment") to the Amended and Restated Employment Agreement entered into by and between Erik Hellum and the Company, dated as of October 7, 2022 (the "Employment Agreement"). The Amendment increases Mr. Hellum's annual base salary to $1,000,000.
The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment filed as Exhibit 10.1 to this Current Report on Form 8-K, which are incorporated by reference into this Item 5.02.