CCCS Ccc Intelligent Solutions Holdings Inc. - 8-K/A

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In connection with his appointment to the position of Interim Chief Financial Officer, the Company and Mr. Christo entered into an Amendment to the Employment Agreement between the Company and Mr. Christo, effective as of the Effective Date (the “Amendment”).

Pursuant to the Amendment, Mr. Christo shall, in addition to continuing to serve as the Senior Vice President, Finance and Chief Accounting Officer of the Company, also serve as the Interim Chief Financial Officer of the Company during the period commencing as of the Effective Date and continuing until the appointment and onboarding of a successor Chief Financial Officer of the Company (such period, as determined in the sole discretion of the Company, the “Transition Period”).

The Amendment provides that (i) during the period beginning on the Effective Date and continuing until three months after a successor Chief Financial Officer is appointed, Mr. Christo’s base salary will be increased to $425,000 per year, and (ii) for fiscal year 2026 and for any portion of any additional fiscal year in which the Transition Period continues, Mr. Christo’s target annual bonus opportunity will be increased to fifty percent (50%) of his then-current base salary. In addition, Mr. Christo will receive a one-time transition cash bonus in an amount between $125,000 and $200,000, with the actual amount to be determined in the sole discretion of the Human Capital and Compensation Committee of the Company based on the length of the Transition Period and the successful onboarding of a successor Chief Financial Officer (the “Transition Bonus”). The Transition Bonus will be payable to Mr. Christo in a lump sum on the first payroll date following the earlier of the expiration of the Transition Period and December 31, 2026. The Transition Bonus shall be forfeited if Mr. Christo’s employment is terminated by the Company for Cause or by Executive without Good Reason (each as defined in the Employment Agreement) prior to the applicable payment date.