A-MARK PRECIOUS METALS, INC. (NASDAQ:AMRK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
A-MARK PRECIOUS METALS, INC. (NASDAQ:AMRK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 22, 2019, A-Mark Precious Metals, Inc. (“A-Mark”) entered into a new employment agreement with Gregory N. Roberts, A-Mark’s Chief Executive Officer (the “CEO”). The new employment agreement will become effective July 1, 2020, except that certain compensation was granted or paid upon signing of the agreement. The new agreement will replace the CEO’s existing employment agreement upon its expiration on June 30, 2020.
Key terms of the new employment agreement:
All of the compensation granted or paid upon signing is subject to forfeiture or clawback if the CEO fails to remain in service at July 1, 2020.
Item 9.01. Exhibits
(d) Exhibits:
A-Mark Precious Metals, Inc. Exhibit
EX-10.1 2 a101_robertsemplagmtxeffx7.htm EXHIBIT 10.1 Exhibit Exhibit 10.1A-Mark Precious Metals,…
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EX-10.1 2 a101_robertsemplagmtxeffx7.htm EXHIBIT 10.1 Exhibit Exhibit 10.1A-Mark Precious Metals,…
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About A-MARK PRECIOUS METALS, INC. (NASDAQ:AMRK)
A-Mark Precious Metals, Inc. is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies. It operates through various business units for accounting purposes, including Industrial, Coin and Bar, Trading, Finance, Collateral Finance Corporation, Transcontinental Depository Services and Logistics. It is an authorized distributor of gold and silver coins for sovereign mints and various private mints. The sovereign mints include the United States Mint, the Australian (Perth) Mint and the Austrian Mint, among others.