SHF Holdings bars directors from retention incentives under amended plan
SHFS•Amended retention plan adopted
SHF Holdings adopted an amended retention plan on Aug. 14, 2026, replacing terms set on July 29, 2026.
Directors are excluded from retention incentives; the board voided all directors’ prior retention agreements from inception.
Eligibility, control-change and insolvency terms
Eligible employees may receive a cash incentive tied to a set % of base salary upon a Change in Control.
The plan also provides for base-salary increases during an Insolvency period, subject to board sign-off on the CEO’s Insolvency determination.
The Change in Control definition was narrowed, removing payouts tied to a shareholder-approved liquidation of substantially all net assets.
