Latest Current Report
Filed: 2026-03-26
Key Insights
- Agassi Sports Entertainment Corp. (AASP) has entered into a new 5-year Executive Employment Agreement with its CEO, Mr. Ronald S. Boreta, effective March 1, 2026. The agreement provides for an annual base salary of $270,000 with automatic 10% increases, a discretionary bonus of up to 50% of base salary, and a grant of 300,000 restricted stock units.
- The agreement includes non-compete and non-solicitation provisions that prohibit Mr. Boreta from competing against the company for 12 months after termination and from soliciting customers and employees.
- The company has the ability to terminate Mr. Boreta's employment for various reasons, including for cause, due to disability, or without cause, which could impact his compensation and equity awards.