• Agilysys entered a new three-year employment agreement with CEO Ramesh Srinivasan on June 18, 2026, with automatic one-year renewals.
• Base salary stays at USD 600,000; annual bonus target equals salary, capped at 150%, paid in common stock tied to performance goals.
• Granted 78,269 RSUs valued at USD 6.8 million; half time-based, half performance-based with VWAP hurdles of USD 105, USD 120, USD 135.
• Severance for termination without cause or for good reason: two years of salary, two times target bonus shares, 24 months COBRA premium payment.
• Change-in-control termination window of three months before to 24 months after: payout equals two times salary plus target bonus, two times COBRA payment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Agilysys Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-276749), on June 22, 2026, and is solely responsible for the information contained therein.