Company: RSI
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001793659-25-000098
Chunk: 60

Company: Rush Street Interactive, Inc.
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 60
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 We may terminate Mr. Roosileht’s engagement with us, with or without cause, upon providing him with 30 days’ written notice. Mr. Roosileht may terminate the agreement by providing us with 90 days’ written notice. The agreement contains customary restrictive covenants related to non-solicitation and non-hire of employees and other service providers, non-disparagement, confidentiality and assignment of inventions. Mr. Roosileht is not entitled to or eligible to participate in any of our employee benefits programs that are available to our employees such as our life, disability, health or dental insurance programs or retirement or vacation benefits. Mr. Roosileht has served as the Company’s Chief Information Officer since his appointment in December 2013.

On January 14, 2025, we announced that the Company and Mr. Roosileht agreed to mutually terminate his engagement as our Chief Information Officer, effective as of the earlier of (i) December 31, 2025, and (ii) the date that the transition of Mr. Roosileht’s replacement is completed (the “Separation Date”) so that Mr. Roosileht could pursue other opportunities. As part of the agreed separation, Mr. Roosileht (i) will receive his current level of compensation through December 31, 2025, (ii) will receive his annual bonus earned (which has a target of 80% of his base compensation), if any, pro-rated through the Separation Date based on his performance of certain performance criteria, (iii) will receive his currently outstanding restricted stock units and stock options, each of which will continue to vest through December 31, 2025, and subject to cooperating to ensure a smooth transition and provide ongoing support, he will also receive his outstanding performance share units, which will continue to vest through December 31, 2025, with the remainder of all such unvested awards being forfeited in accordance with their terms and the Company’s 2020 Omnibus Equity Incentive Plan, as amended from time to time, (iv) will have a period of three (3) months from the date any vested stock options are distributed to him to exercise any such vested stock options that he may hold at that time, and (v) has agreed to confidentiality, non-compete, non-solicit, non-disparagement terms, a 12-month lockup on certain equity owned by Mr. Roosileht and mutual releases with