On September 8, 2026, Galaxy Gaming, Inc. entered into an Amended and Restated Employment Agreement with Steven Kopjo, the Company’s Chief Financial Officer, Secretary, and Treasurer. The agreement became effective on September 1, 2026.
The amended contract extends Mr. Kopjo’s employment term through February 28, 2029. His base compensation is set at $262,500 for the one-year period ending August 31, 2027, and $275,000 for the remainder of the term.
Under the terms of the agreement, Mr. Kopjo is eligible to receive an annual discretionary bonus. The target bonus amount is 75% of his base salary, contingent upon the achievement of individual and corporate performance objectives established by the Board.
The agreement also includes equity compensation. The Company granted Mr. Kopjo a stock option to purchase 120,000 shares of common stock at a strike price of $1.656. The option will vest in three tranches: 40,000 shares on July 25, 2027; 40,000 shares on July 25, 2028; and 40,000 shares on July 25, 2029.
In addition, the Company provided for a conditional grant of 100,000 shares of restricted stock. This grant is subject to Mr. Kopjo meeting specific target criteria established by the Board based on metrics concluding on December 31, 2028.
The Employment Agreement includes customary restrictive covenants, including non-competition, non-solicitation of partners, non-disclosure, and non-disparagement provisions.
