Hour Loop Inc. entered into Addendum No. 6 to executive employment agreements with Chairman and CEO Sam Lai and Senior Vice President Sau Kuen (Maggie) Yu, setting 2026 bonus targets and guaranteed payments. Lai can earn a bonus equal to 50% of base salary if 2026 net profits (excluding taxes and executives’ bonuses) reach at least $750,000, or 100% if they reach at least $1.5 million, and will also receive a guaranteed $100,000 bonus on Dec. 22, 2026. Yu can earn a bonus equal to 50% of base salary if the company adds at least 100 new vendors in 2026, or 100% if it adds at least 135, and will also receive a guaranteed $100,000 bonus on Dec. 22, 2026.
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. Hour Loop 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: 0001493152-26-008036), on February 25, 2026, and is solely responsible for the information contained therein.
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