Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On March 17, 2021, the Compensation Committee of the Board of Directors of AMC
Entertainment Holdings, Inc. (the "Company") approved a cash retention bonus for
Sean Goodman, the Chief Financial Officer of the Company. The retention bonus
will be payable as follows, subject to Mr. Goodman continuing to be actively
employed by the Company on a full-time basis as of each of the dates below:
March 17, 2022 $450,000
March 17, 2023 $450,000
March 17, 2024 $900,000
Each tranche will be paid in cash in a lump sum, less applicable tax
withholdings, within three business days of each vesting date. If Mr. Goodman
leaves employment at the Company for any reason, voluntarily or involuntarily,
any amounts not yet paid as of such date shall be forfeited and canceled with no
further amount due with respect to the retention bonus.
An amendment to Mr. Goodman's employment agreement with respect to the retention
bonus is filed with this Form 8-K as Exhibit 10.1 and incorporated herein by
reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
10.1 Amendment executed March 19, 2021, to the Employment Agreement
between AMC Entertainment Holdings, Inc. and Sean D. Goodman executed
on October 6, 2020.
104 Cover Page Interactive Data File (formatted in Inline XBRL and
contained in Exhibit 101)
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