StockWatch
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Radio And Television Broadcasting And Communications Equipment
Corporate GovernanceMay 29, 2026, 06:07 AM

Unusual Machines Amends CEO Service Agreement, Fee Rises to $350K

AI Summary

Unusual Machines, Inc. announced an amendment to its Management Services Agreement with 8 Consulting LLC, which provides services for the company's Chief Executive Officer. The amendment extends the agreement's termination date to December 31, 2026, and increases the annual service fee to $350,000. This fee increase had been previously approved by the Company's Compensation Committee.

Key Highlights

  • Unusual Machines amended its Management Services Agreement with 8 Consulting LLC.
  • The agreement, for CEO services, is extended to December 31, 2026.
  • The annual service fee for the CEO is modified to $350,000.
  • The increase in the annual service fee was previously approved by the Company's Compensation Committee.