Keyser stays through December 31 for the handoff, and conditional exit terms include $650,000 severance, $2,250,000 in vesting shares, and $2,200,110 retention pay. He forfeits $1,099,890, and any 2026 bonus or $200,000 transition bonus is conditional, with no business results reported to change VRRM's outlook.
The scheduled handoff includes continuity because Keyser remains a full-time adviser through December 31. Exit costs include cash and shares, but some retention pay is forfeited. The filing reports no change to VRRM's business results, so these arrangements do not change its outlook.
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