12/12/2024 | Press release | Distributed by Public on 12/12/2024 16:25
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 12, 2024, Rubicon Technologies, Inc. (the "Company") announced that Rubicon Technologies Holdings, LLC, a Delaware limited liability company and wholly owned subsidiary of the Company ("Holdings LLC"), entered into an Amended and Restated Employment Agreement (the "Amended and Restated Bauer Employment Agreement") by and between Holdings LLC and Mr. Eric Thomas Bauer, the Company's Chief Financial Officer (the "Executive").
The Amended and Restated Bauer Employment Agreement, among other things, corrects scrivener's errors in the Employment Agreement by and between Holdings LLC and the Executive, dated December 6, 2024 (the "Original Employment Agreement"), and clarifies that the Executive's employment commenced on December 6, 2024. The terms of the Executive's employment have not materially changed as a result of the Amended and Restated Bauer Employment Agreement.
This summary is qualified in its entirety by reference to the Amended and Restated Bauer Employment Agreement, a copy of which is included as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.