United States Antimony Corp: CEO employment agreement with Gary C. Evans

What happened On Oct 1, 2026 United States Antimony Corporation entered into an employment agreement with Gary C. Evans to continue as the chief executive officer, effective Aug 1, 2026. The Employment Agreement has a 3-year term and sets Mr. Evans’ annual base salary at $430,000, subject to annual review.

Key details

• Annual base salary of $430,000 and an opportunity for an annual bonus based on performance goals set by the compensation committee.
• 3-year term, and 5 weeks of paid vacation per year for Mr. Evans.
• Change-in-control severance: if a change in control occurs and within 24 months the company terminates him other than for "cause" or he resigns for "good reason", the company will pay 2 times the sum of his then-current base salary and target bonus, payable over 24 months; otherwise, if terminated other than for "cause" or he resigns for "good reason" prior to a change in control or after 24 months following a change in control, the company will pay 1.5 times the sum of his then-current base salary and target bonus, payable over 18 months, plus a pro-rated bonus for the year of termination.
• The company will pay any accrued obligations in a lump sum within 30 days of termination. The agreement includes non-competition, customer and prospective customer non-solicitation/non-interference, and personnel non-solicitation covenants that apply during employment and for periods between 1 and 2 years following termination.

Why it may matter This item is reported under Item 5.02 (Departure of directors or certain officers) and covers the employment agreement for the company's chief executive officer, including compensation, severance on termination or change in control, and post-termination restrictive covenants. This filing does not show why the insider traded or why the company acted.