Company: IMXI
Filing Date: 2025-11-05
Form Type: DEFM14A
Source: 0001140361-25-040538
Chunk: 119

Company: International Money Express, Inc.
Filing Date: 2025-11-05
Form: DEFM14A
Chunk 119
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 Lisy would be entitled to receive any base salary through the date of termination that remains unpaid as of the date of termination, any accrued and unpaid bonus for any previously completed year that Mr. Lisy is entitled to receive as of the date of termination, and any other accrued rights. In addition, under his Employment Agreement if Mr. Lisy retires (resignation after providing six months’ notice), then certain outstanding equity incentive awards contemplated under Mr. Lisy’s Employment Agreement and granted under the long-term incentive program will continue to vest in accordance with their original vesting schedule, subject to attainment of any applicable performance goals. Mr. Lisy’s Employment Agreement includes a modified cutback provision, providing that if amounts payable to an individual exceed the amount permitted under Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”) in a manner that would result in excess parachute payments, the payments will be reduced (but not below zero) if and to the extent that the reduction would result in the individual retaining a larger amount on an after-tax basis (taking into account federal, state and local income taxes) so that no portion of the payments will be subject to an excise tax under Section 4999 of the Code than if the individual received all of the payments, and such payments were subject to the excise tax. In the event that any of Messrs. Bende, Aguilar or Hunt is terminated other than for “cause,” “disability” or death, or if the executive officer resigns for “good reason” (as such terms are defined in the individual’s Employment Agreement), under their respective Employment Agreements (each further described in the 2025 Proxy Statement), each is entitled to base salary continuation for nine months, a payment equal to a pro-rata portion of his target bonus for the year in which termination occurs (less any bonus amounts already paid for such year) and any other “accrued rights” (as defined in the individual’s Employment Agreement). The severance entitlements of Messrs. Bende, Aguilar and Hunt under their respective Employment Agreements are not increased or enhanced as a result of the Merger. In the event any of Messrs, Bende, Aguilar or Hunt’s employment is terminated for cause due to such executive officer’s resignation without good reason, or due to disability or death, such executive officer would be entitled to any base salary through the date of termination that remains unpaid as of the date of termination, any accrued and