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The latest update is out from Sphere 3D Corp (ANY).
Sphere 3D Corp. has recently made significant amendments to the employment agreements of its top executives. The CEO, Patricia Trompeter, agreed to a salary reduction, while changes were also made to the terms defining a Change of Control in her contract. Meanwhile, CFO Kurt Kalbfleisch’s new contract includes a solid base salary with potential bonuses and stock options tied to performance, alongside robust severance and benefits provisions, enhancing the company’s executive compensation structure amidst evolving market conditions.
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