Company: IMXI
Filing Date: 2025-10-21
Form Type: PREM14A
Source: 0001140361-25-038818
Chunk: 119

Company: International Money Express, Inc.
Filing Date: 2025-10-21
Form: PREM14A
Chunk 119
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 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 unpaid bonus for any previously completed bonus period that such executive officer is entitled to receive as of the date of termination, and any other accrued rights.

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The severance benefits described above are subject to the execution and effectiveness of a waiver and release of claims in favor of Intermex. Each executive officer described above is subject to the following restrictive covenants: (i) non-solicitation of customers and employees of Intermex and its subsidiaries and affiliates during employment and for two years (for Messrs. Lisy, Hunt, and Bende) or three years (for Mr. Aguilar) thereafter; (ii) non-competition during employment and for two years (for Mr. Lisy) or nine months (for the other executive officers) thereafter; (iii) non-disclosure of confidential information for an unspecified duration and (iv) perpetual non-disparagement. As a condition to the opportunity to receive a Retention Payment (as described below), each of the executive officers consented to the termination of his Employment Agreement with Intermex or any of its subsidiaries, other than with respect to certain restrictive covenants thereunder, effective as of immediately prior to the Effective Time, and further agreed that (i) from the date of the Merger Agreement until the earlier of the Closing and the termination of the Merger Agreement, each executive officer waives his rights to claim that the termination of his Employment Agreement would constitute “good reason” under his Employment Agreement, and (ii) in the event the executive officer becomes entitled to receive a portion of his Retention Payment as a result of his termination by Intermex or a subsidiary thereof without “cause,” by the executive officer for “good reason,” or due to the executive officer’s death or “disability” (each as defined in the Retention Bonus Program (as described below)), the executive officer forfeits his right to receive any severance payments or benefits with respect to such termination under any other plan or arrangement, other than the applicable portion of the Retention Payment. As a result, if the Effective Time