T1 Energy Extends Peter Matrai Consulting Deal at $30,000 a Month With $250,000 RSU Award

Reuters
Feb 19
<a href="https://laohu8.com/S/TE">T1 Energy</a> Extends Peter Matrai Consulting Deal at $30,000 a Month With $250,000 RSU Award

T1 Energy Inc. amended its consulting agreement with director and consultant Peter Matrai, extending the term through Dec. 31, 2026 and keeping his fee at $30,000 per month, subject to potential across-the-board reductions for executive officers set by the board’s Compensation Committee. The amendment also adds a transaction award: if the company signs a definitive agreement for a significant M&A deal that Matrai advises on during the term, he will receive restricted stock units with a $250,000 grant-date fair value, vesting in three equal annual tranches and continuing to vest even after the agreement ends unless terminated for cause.

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