Cantaloupe, Inc. Enters into Separation and Transition Agreement with James Pollock, Chief Compliance Officer
June 03, 2021 at 08:50 am EDT
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On June 1, 2021, Cantaloupe, Inc. entered into a separation and transition agreement with James Pollock, the Company’s Chief Compliance Officer. Pursuant to the Separation Agreement, Mr. Pollock’s previously disclosed last day of employment was accelerated from July 20, 2021 to June 1, 2021. In exchange for a release of claims against the Company and for no longer receiving base salary payments through July 20, 2021, Mr. Pollock will remain eligible for his fiscal 2021 annual bonus based upon the achievement of the applicable performance metrics and using the same determination framework as will be used for similarly situated executives of the Company.
Cantaloupe, Inc. is a global technology company. Its vertically integrated solutions fuel growth by offering micro-payments processing, enterprise cloud software, IoT technology, as well as kiosk and POS innovations. It offers a variety of solutions for self-service commerce, which enable the acceptance of digital payments and allow its customers to simplify inventory, analytics, warehouse, logistics, and back-office management. Its hardware includes Cantaloupe card readers, the Companyâs integrated payment device, as well as Cantaloupe Go POS kiosks, the Companyâs range of POS terminals, which are both deployed in self-service, applications, such as vending, micro-markets, amusement, arcade, commercial laundry, air/vacuum, car wash, and others. Its Cantaloupe Go product line provides a variety of self-checkout kiosks. Its solutions are used by a variety of consumer services in North America, Latin America, Europe, and Australia, including vending machines, laundromats and others.
CANTALOUPE, INC. 
