Genflat Holdings Boosts Executive Compensation With New Employment Agreements

Reuters2025-12-31

Genflat Holdings Boosts Executive Compensation With New Employment Agreements

Genflat Holdings Inc. has announced updated compensation terms for its President, Garrett Hall, and Chief Commercial Officer, Matthew J. Albanese. Under the amended employment agreement, Mr. Hall’s base salary is set at $150,000 per year, increasing to $275,000 annually following the company's anticipated public offering. He will also be eligible for an annual cash bonus of up to $137,500, a 3% commission on certain sales and lease transactions, and receive 330,000 restricted stock units vesting on February 28, 2026. In the event of termination without cause or resignation for good reason, Mr. Hall is entitled to a severance payment equal to six months of his base pay. Mr. Albanese’s appointment as Chief Commercial Officer will become effective upon completion of the public offering, following his prior role as a consultant for the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genflat Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-009414), on December 30, 2025, and is solely responsible for the information contained therein.

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He will also be eligible for an annual cash bonus of up to $137,500, a 3% commission on certain sales and lease transactions, and receive 330,000 restricted stock units vesting on February 28, 2026. In the event of termination without cause or resignation for good reason, Mr. Hall is entitled to a severance payment equal to six months of his base pay. Mr. Albanese’s appointment as Chief Commercial Officer will become effective upon completion of the public offering, following his prior role as a consultant for the company.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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