EX-10.1
from 8-K
2 pages
Re: Interim CEO Offer Letter Agreement Dear Jim, on Behalf of Regis Corporation (“Regis”), I Am Pleased to Offer You Employment With Regis in the Role of Interim President and Chief Executive Officer (“Interim CEO”) With the Following Terms: • Term: Expected to Commence on July 1, 2025, and Continuing Until (1) the Date Regis Hires You or Your Replacement as the Permanent President and Chief Executive Officer, or (2) the Date Your Employment With Regis Is Terminated by You or Regis for Any Other Reason. • Interim Base Salary: $550,000, Prorated Based on Your Time in the Interim CEO Role. • Annual Bonus: You Will Remain Eligible for a Cash Bonus Under the Regis Corporation Short-Term Incentive Plan, Provided That Your Target Payout Will Equal 100% of Your Annualized Base Salary, Prorated Based on the Number of Days You Work in the Interim CEO Role During the Applicable Fiscal Year
12/34/56