Rain Enhancement Technologies Holdco Inc. has announced a significant change in the compensation terms for its Chief Executive Officer, Randall Seidl. On June 27, 2025, the company amended Seidl's employment agreement, replacing a previously planned unsecured note with a substantial Retention Bonus. Under the new Retention Bonus Agreement, Seidl will receive a cash bonus of $5,820,000, subject to required withholdings and deductions, payable as a lump sum. This payment is scheduled for the earlier of three events: December 31, 2028, termination without cause, or a change of control of the company. This adjustment highlights the company's commitment to aligning its executive compensation with strategic objectives.
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