Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 1, 2022, Joseph E. Miketo and Universal Electronics Inc. (the "Company")
reached an agreement whereby Mr. Miketo's employment as Senior Vice President
Global Operations ended without cause. On that same date, Mr. Miketo and the
Company entered into a Consulting Agreement until terminated by either party
whereby Mr. Miketo will provide services to the Company to oversee and
coordinate the efforts of the Company's manufacturing and operations functions
globally as needed and to assist in the transition of his replacement. In
exchange for his services, Mr. Miketo will be paid $240 per hour up to a maximum
of $1,500 per day, but not greater than $5,000 per week for services performed
within the United States, or $7,000 per week for services performed outside of
the United States.
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