FCPT - Four Corners Property Trust Inc.
09/19/2024 | Press release | Distributed by Public on 09/19/2024 14:31
Management Change/Compensation Form 8 K
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Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 17, 2024, Four Corners Property Trust, Inc. (the "Company") entered into an amendment (the "Amendment") to the Transition Agreement with Gerald R. Morgan, the Company's former Chief Financial Officer.
Under the Amendment, Mr. Morgan's employment will terminate on September 30, 2024 (rather than on October 31, 2024) and, accordingly, Mr. Morgan's consulting start date will begin on October 1, 2024 (rather than November 1, 2024). In addition, the Amendment includes a standard customer non-solicitation restriction, effective during Mr. Morgan's employment and consultancy with the Company and thereafter.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.