Jul. 20 at 9:49 PM
$DBGI In connection with his appointment to the Board, the Company and Mr. Sosnowski entered into the Director Agreement, pursuant to which Mr. Sosnowski will receive an annual cash retainer of
$100,000, payable in quarterly installments commencing July 31, 2026. Mr. Sosnowski was also granted non-qualified stock options (“Options”) under the Company’s 2020 Stock Incentive Plan to purchase up to 20,000 shares of the common stock of the Company at an exercise price of
$5.00 per share. The Options vest at a rate of 25% per quarter beginning on the date of grant and expire five years from the date of issuance, in each case in accordance with the terms and conditions of the award agreement to be entered into with Mr. Sosnowski.