NewsNovo
has increased the annual base salary of Eric T. Shuss, its Chief Operating Officer, to $240,000.
The company disclosed the change in a Form 8-K filed with the Securities and Exchange Commission on October 6, 2026, noting that the amendment removes a previous revenue-based trigger for the pay raise.
The amendment, signed on October 2, 2026, modifies the employment agreement originally dated March 13, 2026. Under the original terms, Shuss’s base salary was set at $120,000.
The agreement specified that this amount would increase to $240,000 only if the company achieved $3,000,000 in revenue during any 90-day period, a condition defined as the Revenue Condition.
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