Eva Live enters new 5-year CEO deal with USD 800,000 base salary, 10% annual raises

Severance was set at a $5 million lump sum on termination without cause or for good reason, along with pro rata bonus, COBRA coverage and equity vesting.

Base salary was set at $800,000 per year, with automatic 10% increases each anniversary. Annual bonus eligibility was left to board discretion.

Performance equity totals up to 1,000,000 shares of Series A Convertible Preferred Stock over five years, issued in 200,000-share annual tranches. Each Series A share converts into 150 common shares. The year-one tranche tied to Nasdaq uplisting was earned on Jan. 28, 2026.

Eva Live entered a new five-year executive employment agreement with CEO David Boulette on Aug. 17, 2026, replacing his May 31, 2025 deal.