Company: RILYN
Filing Date: 2025-10-22
Form Type: DEF 14A
Source: 0001213900-25-101228
Chunk: 44

Company: B. Riley Financial, Inc.
Filing Date: 2025-10-22
Form: DEF 14A
Chunk 44
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 incentive plan with a value determined by the Company in its sole discretion. Each such award will be subject to approval of the Compensation Committee and vest annually over a three -yearperiod. •Notwithstanding the terms of any existing agreement or plan, all outstanding unvested stock options, RSUs, SARs and other unvested equity linked awards granted to such individual during the term of such individual’s employment agreement shall become fully vested upon a Change of Control (as defined in the 2021 Plan) and exercisable for the remainder of their full term. •Participation in benefit plans for our executives, reimbursement for all reasonable and necessary out -of-pocketexpenses incurred by such executive in the performance of such executive’s respective duties and vacation in accordance with our policies. •A requirement for each party to give twenty (20) days prior written notice to terminate such individual’s employment. •If such executive is terminated with Cause (as defined in the employment agreements) or resigns without Good Reason (as defined in the employment agreements), such individual receives such individual’s base salary and accrued unused leave through termination. •If such executive is terminated without Cause, for death or for Disability (as defined in the employment agreements) or resigns for Good Reason, such executive receives, subject to the execution of a general release, a severance payment payable in one lump sum within 60 days of termination in an amount equal to the four (4) times such individual’s base salary for Mr. Riley and Mr. Kelleher, and two (2) times such individual’s base salary for Messrs. Ahn, Young, Moore and Forman. In such circumstances, such individual shall also be eligible for reimbursement for the monthly COBRA premium paid by such executive for himself (and his dependents, if applicable), for a period ending upon the earliest of the twelve (12) month anniversary of such termination and the date on which such executive becomes eligible to receive substantially similar coverage from another employer. •Restrictive covenants, including non -competitionand client non -solicitationcovenants that apply while the executive is employed by the Company, an employee non -solicitationcovenant that applies while the executive is employed by the Company and for one year thereafter and perpetual confidentiality and non -disparagementcovenants. 28 Appointment of EVP and CFO — Employment & Stock Option Agreement Scott Yessner was appointed to serve as Executive Vice President and Chief Financial Officer of the Company, effective June 3, 2025