Full House Resorts Inc. has announced a new employment agreement for its Chief Executive Officer, Daniel R. Lee, effective from June 14, 2025, to June 14, 2030. Under the new terms, Mr. Lee will receive a base salary of $700,000 annually, with the Compensation Committee aiming to align his salary with the 50th percentile of peer companies' CEOs. Additionally, Mr. Lee is eligible for cash bonuses, including Specific Milestone Bonuses. These bonuses include $300,000 if the company successfully refinances its principal debt before March 30, 2027, and another $300,000 if necessary governmental approvals are obtained to relocate the Rising Star Casino license in Indiana, coupled with the development of associated facilities.
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