Company: SPWH
Filing Date: 2025-08-05
Form Type: 8-K
Source: 0000950170-25-103059
Chunk: 2

Company: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Filing Date: 2025-08-05
Form: 8-K
Item: Item 5.02
Chunk 2
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 subject to her timely providing and not revoking a general release of claims in favor of the Company, (i) a lump sum payment equal to 12 months of her then-current base salary, (ii) payment of the premiums necessary for her and her eligible dependents (if any) to continue group health coverage under COBRA for up to 12 months, (iii) payment of any annual bonus earned for the preceding year for which payment has not yet been received, (iv) payment of a pro-rated target annual bonus for the year in which the termination occurs and (v) if such termination occurs within 12 months following the effective date of a Change in Control (as such term is defined in the Employment Agreement) of the Company, full acceleration of any outstanding time-based equity awards granted by the Company and any

performance-based vesting conditions applicable to any Company equity awards shall be treated as provided in the applicable award agreement.

On August 4, 2025, Ms. Fall Jung also entered into an Employee Confidential Information and Inventions Assignment Agreement (the “ CIIAA”) that contains certain restrictive covenants, including a confidentiality and non-disclosure agreement and a twelve-month post-termination non-solicitation of employees or independent contractors clause.

The foregoing descriptions of the Employment Agreement and CIIAA with Ms. Fall Jung are qualified in their entirety by reference to the full text of the Employment Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

In connection with Ms. Fall Jung’s appointment as Chief Financial Officer, she will also enter into an indemnification agreement in the form previously approved by the Board and filed with the Securities and Exchange Commission as Exhibit 10.2 to the Company’s Current Report on Form 8-K (File No. 001-36401) on April 8, 2019.

There are no arrangements or understandings between Ms. Fall Jung and any other persons pursuant to which she was selected as an officer of the Company. There are also no family relationships between Ms. Fall Jung and any director or executive officer of the Company and Ms. Fall Jung has no direct or indirect material interest in any related party transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Ms. Fall Jung will serve as the Company’s principal financial officer and principal accounting officer.

In connection with Mr. White’s separation, the Company and Mr. White entered into a Separation and Consulting Agreement on August