Post Holdings, Inc. (OTCMKTS:POSTU) 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.
(e) 8th Avenue Food & Provisions, Inc. Annual Bonus Program
On January 17, 2019, the board of directors of 8th Avenue Food & Provisions, Inc. (“8th Avenue”), a subsidiary of Post Holdings, Inc. (“Post”), of which Post owns 60.5% of the common equity, approved the 8th Avenue Food & Provisions, Inc. Annual Bonus Program (the “Program”). Under the Program, participants are eligible to earn an annual cash bonus based upon achievement of certain performance criteria for the applicable performance period, subject to discretion. The performance criteria may include Actual EBITDA (as defined in the Program) versus EBITDA Plan (as defined in the Program) and any other specified criteria, including the employee’s performance appraisal rating or the net sales of the applicable subsidiary of 8th Avenue. James E. Dwyer, Jr., a named executive officer of Post, is a participant in the Program.
The foregoing description of the Program does not purport to be complete and is qualified in its entirety by reference to the full text of the Program, a copy of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.
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Item 9.01. |
Financial Statements and Exhibits. |
(d) Exhibits
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10.1 |
8th Avenue Food & Provisions, Inc. Annual Bonus Program
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Post Holdings, Inc. Exhibit
EX-10.1 2 ex10-1x8thaveannualbonuspr.htm EXHIBIT 10.1 – 8TH AVE ANNUAL BONUS PLAN Exhibit Exhibit 10.18th Avenue Food & Provisions,…
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